A Decade of Jobs Destroyed in a Month [The New York Times]
JC PENNEY (JCP)
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Source: The New York Times
DealBook|A Decade of Jobs Destroyed in a Monthhttps://nyti.ms/2VBeedBThe Coronavirus Outbreakdebugid:204mentContinue reading the main storyDealBook Business and PolicySupported byDealBook Collecting an unemployment form outside the Allapattah Branch Library in Miami.Credit...Scott McIntyre for The New York TimesApril 16, Updated7:33 a.m. ETWant this in your inbox each morning?Sign up hereReversal of fortuneThe latest weekly count of initial U.S. unemployment claims is set to be released at 8:30 a.m. Eastern. The number of people in America who lost their jobs in the past four weeks is expected to surpass all of the jobs created since mid-2009, the end of the last recession.Economists think around five million people lost their jobs last week From July 2009 to February , the U.S. economy created nearly 22 million jobs. In just the three weeks to April 4, nearly 17 million people lost their jobs.The April economic shutdown will produce more truly horrific numbers ”The May n
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