America's unemployment surge will be temporary, Moody's says [CNN]
Walmart Inc. (WMT)
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Source: CNN
12 PostsSort byLatestOldestDropdown arrow1 hr 14 min agoAmerica's unemployment surge will be temporary, Moody's saysFrom CNN ' Anneken TappeAmerica has seen a staggering spike in layoffs and furloughs over the past week as the coronavirus crisis is forcing companies to shut down. But this effect should be short-lived, according to ratings agency Moody's.Unlike in previous recessions, where the impact on the labor market took some time to materialize, workers were the first to get hit this time around. But with many layoffs expected to be temporary,jobs will return as soon as the country-wide sheltering in place endsNearly 17 million people filed for initial unemployment benefitsMoody's expects the unemployment rate to jump to 8.8% to 16.2%unemployment rates stood at 4.4%1 hr 39 min agoGoldman Sachs: The worst might be over for stocks because of rescues by Fed and From CNN ' Matt EganGoldman Sachs is abandoning itspessimistic short-term view"The Fed and have precluded the prospect of
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WMT
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- 11/20/25 - Beat
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Sec Filings
- 12/4/25 - Form 144
- 12/4/25 - Form 4
- 12/3/25 - Form IRANNOTICE
- WMT's page on the SEC website