Staggering 22M Americans Filed For Unemployment Over Past Month In ‘Deepest, Fastest Recession We’ve Ever Seen’
Last week, and new 5.2 million people filed jobless claims, which was down from the previous week's record number but still enough to drive the country toward Great Depression-levels of unemployment. The losses are also notable in how quickly they've played out. In the financial crisis starting in 2008, it took two years for 8.6 million Americans to lose their jobs. And the actual unemployed numbers could be much higher due to filing difficulties applicants face with state systems.