WORST UNEMPLOYMENT SPIKE IN HISTORY – 1 IN 4 AMERICAN WORKERS HAS FILED FOR UNEMPLOYMENT BENEFITS IN 2020
During the month of February, the number of Americans that were currently employed peaked at 152,463,000.
If you take the 38.6 million workers that have filed for unemployment benefits during this crisis and divide it by 152,463,000, you will find that it gives you a figure of more than 25 percent.
In other words, more than one out of every four jobs in the United States is already gone, and more job losses will be coming week after week.
And of course, not everyone that loses a job actually files a claim for unemployment benefits. So the true percentage of Americans that have lost a job would be even higher.
It had been hoped that the unemployment numbers would begin to normalize once states began “reopening” their economies, but so far that is not really materializing.