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ForumsArrowBuying & Selling Real Estate DiscussionArrowUnemployment Spikes to 3.3 million (10x in 1 week)
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Unemployment Spikes to 3.3 million (10x in 1 week)

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Check Rosette Top Subjects:
Rentals, Real Estate Finance, and Traditional Financing
  • Posts 117
  • Votes 191

Paul Birkett
Specialist from Manhattan, NY

posted 11 months ago


Jobless claims in the U.S. jumped to 3.3 million between March 15 and 21 — an increase of 1,064% from the previous week according to the Dept of Labor. The jump in claims is the largest single-week increase on record, resulting from a nationwide slowdown tied to the coronavirus. 

Let's hope the stimulus package has the desired effect. 

Dept of Labor - Unemployment Statistics

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Check Rosette Top Subject:
Rentals
  • Posts 1.9K
  • Votes 2.1K

Scott Mac
from Austin, TX

replied 11 months ago

Hi Paul,

You guys in New York are really getting hit much worse than anywhere else in the country by this too.

This map says 33,000 as of today (03/26/20).

I have not done the math, but it might be more than the rest of they country combined.

Source of map: https://www.nytimes.com/interactive/2020/us/coronavirus-us-cases.html


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