May 18, 2024
NewsUnemployment Tops Thirty Million - Numbers Not seen Since the Great Depression

Unemployment Tops Thirty Million – Numbers Not seen Since the Great Depression

  • Jobless Claims Reach thirty million, but week-over-week claims for unemployment continue to decline.
  • U.S. personal spending in March plunged by the most on records going back more than six decades on Thursday.
  • Personal-consumption expenditures, or household spending, tumbled 7.5 percent in March from the previous month
  • Week-over-week since the beginning of the Coronavirus Pandemic, millions upon millions have filed for unemployment. Currently, the United States is sitting at a record of thirty million unemployed. The amount of Americans who filed for unemployment is estimated to be similar to that of The Great Depression.

    At the beginning of the week, many states eyed reopening their economies and attempting to get life back on track for their populations; however, even though many businesses are set to re...

    Unlock the Maverick

    Thank you for your interest in our article. Subscribe to The Maverick to unlock.

    • 7 Day Free Trial
    • Access to All Archives
    • Exclusive Twitter and Facebook Group
    • Support the Development of Maverick
    • Limited Ad Viewing Experience
    • Full Articles in your inbox
    • Access to Long-form Video (future)
    • Access to Exclusive Content (Future)
    • Access to Full Podcast (Future)
    • Deals on Merchandise (Future)

    Sign Up

    - Or -

    Login to Access


    Join the Discusssion

    Subscribe
    Notify of
    guest
    9
    Inline Feedbacks
    View all comments

    Most Popular Articles