Who
was president during the 1980’s ‘Deep Recession?
Ronald
Reagan/Richard Nixon
Who
is responsible for (Outsourcing our jobs), Ronald Reagan/Richard Nixon
Who
is responsible for this newest recession?
tRUMP!
What
political party was/is in control of our country (The Republican Party)!
I
will be reminding voters about this as often as I can!
6.6
million Americans filed for unemployment benefits last week, a record high as
coronavirus takes its
Updated:
9:44 AM EDT Apr 2, 2020
More
than 6.6 million Americans applied for unemployment benefits last week —
doubling a record high set just one week earlier — a sign that layoffs are
accelerating in the midst of the coronavirus.
The
stunning report Thursday from the Labor Department showed that job cuts are
mounting against the backdrop of economies in the United States and abroad that
have almost certainly sunk into a severe recession as businesses close across
the world.
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The
figure for last week is much higher than the previous record of 3.3 million
reported for the previous week. The surging layoffs have led many economists to
envision as many as 20 million lost jobs by the end of April. The unemployment
rate could spike to as high as 15% this month, above the previous record of
10.8% set during a deep recession in 1982.
