Unemployment Spikes to 3.3 million (10x in 1 week)

[Paul Birkett]

Jobless claims in the U.S. jumped to 3.3 million between March 15 and 21 — an increase of 1,064% from the previous week according to the Dept of Labor. The jump in claims is the largest single-week increase on record, resulting from a nationwide slowdown tied to the coronavirus. 

Let's hope the stimulus package has the desired effect. 

Dept of Labor - Unemployment Statistics