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Soaring joblessness could shake U.S. economy, politics for years

May 8, 2020

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Click the link below the picture

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The United States is facing a political and economic challenge like nothing it has seen in nearly 100 years.

Mass unemployment on a scale not seen since the Great Depression has erased the economic gains of the past decade and now threatens to linger for years, fueling social discord and shaking an already polarized political system.

Almost overnight, it seems, the U.S. economy, which just two months ago boasted abundant jobs and soaring stock values, has become a shambles. Not since the government began collecting official data in 1948 has a smaller share of the U.S. population been employed.

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President Trump meets with Republican lawmakers in the State Dining Room of the White House on Friday, May 8. (Anna Moneymaker/Pool/EPA-EFE/Shutterstock)
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Click the link below for article:

https://www.washingtonpost.com/business/2020/05/08/jobs-coronavirus-unemployment-economy-politics/

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