Nearly 7 million Americans sought jobless aid last week [Advisor.ca (Canada)]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
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Source: Advisor.ca
123RFWith a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark: More than one in 10 workers have lost theirjobsin just the past three weeks to the coronavirus outbreak.The figures collectively constitute the largest and fastest string of job losses in records dating to 1948. By contrast, during the Great Recession it took 44 weeks — roughly 10 months — for unemployment claims to go as high as they now have in less than a month.The job market is quickly unraveling as businesses have shut down across the country. All told, in the past three weeks, 16.8 million Americans have filed for unemployment aid. The surge of jobless claims has overwhelmed state unemployment offices around the country. And still more job cuts are expected.More than 20 million people may losethis month. The unemployment rate could hit 15% when the April employment report is released in early May.“The carnage in the American labour market continued unabated
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MS
Earnings
- 10/16/25 - Beat
MS
Sec Filings
- 12/5/25 - Form 424B2
- 12/5/25 - Form FWP
- 12/5/25 - Form 424B2
- MS's page on the SEC website