1 Million more on #unemployment, 58 million without #jobs in #COVID19 @usdol

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The United States Department Of Labor today once again reported unforgiving unemployment numbers, though the number is 1,006,000 and 98,000 less than last week, there’s no end in sight to the amount of businesses of all sizes closing or laying off workers during the pandemic, especially as it’s now 22 weeks that nearly 60 million are unemployed.

The slight upside to this week’s unemployment numbers are once again, the insured unemployment rate adjusted down to 9.9 percent, putting this week’s number of those on insured unemployment at 14,535,000.

If you look at places like New York City who’s faced with losing an entire eco-system forever, and comfort changing one in many industries, you have to realize bigger ideas need to be implemented to revive our economy post COVID19.

Daniel Quintanilla

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