April 10, 2020
US new jobless claims stayed sky high this week as coronavirus-related quarantine orders continue to force layoffs. Some 6.6 million people applied for unemployment in the last week alone, bringing the total number of fresh jobless claims to more than 16 million since mid-March. Economists expect the unemployment rate to soar from a 50-year low of 3.5 percent in February to 15 percent or higher in the near term. How does that compare with the jobless rate during the Great Depression or the Great Recession? Have a look.
More For You
- YouTube
The war in Iran is entering a more dangerous phase.
Most Popular
Walmart sponsored posts
Walmart’s $1 billion investment is strengthening associate careers
Sponsored posts
How a global coalition disrupted Tycoon 2FA
- YouTube
The Regime's viral banger "Special Military Operation" is NOW STREAMING on most platforms, including those TWO BIG ONES. #PUPPETREGIME
- YouTube
In this Quick Take, Ian Bremmer breaks down the escalating US-Israel war with Iran and its ripple effects on global markets and supply chains.
As missiles fly and oil prices soar, the Iran war is exposing another major resource vulnerability in the Middle East: water. Fresh water has been a scarce commodity in a region defined by a dry climate and low rainfall, but attacks on the region’s desalination plants, which convert seawater into drinking water, threaten to open a new front.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.