It was the worst week for the economy in decades. The pain is just beginning.

Posted on AllSides March 27th, 2020
From The Left
Economy and Jobs, coronavirus, layoffs

‘It’s making me go into a depression,’ said LaTonua Bowens, a laid-off cook. ‘I’m worried if I’m going to still have a job.’

The record 3.3 million jobless claims reported Thursday mark the beginning of an economic crisis facing American workers and businesses — a slump, experts say, that will only end when the coronavirus pandemic is contained.

The economy has entered a deep recession that has echoes of the Great Depression in the way it has devastated so many businesses and consumers, triggering mass layoffs and threatening to set...

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https://www.washingtonpost.com/business/2020/03/26/it-was-worst-week-economy-decades-pain-is-just-beginning/

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