LOOK AT THIS. Between March 15th and April 4th, 16.8 million workers applied for unemployment insurance. That is more than one in ten workers. In three weeks. And we are nowhere near the end of this. The labor market has been upended. 1/
Each and every one of the nearly 17 million workers who applied for unemployment insurance in the last three weeks is a person, a family, experiencing a life crisis. The scope of suffering is overwhelming. 2/
On the chart earlier in this thread, the last three observations look like they are in a vertical line because the x-axis covers 50+ years and the increase in the last three weeks is so extreme. This chart shows just the last year so you can see details. 3/
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