-
'Grim, but only the start': Here's what 5 economists have to say about the dismal March jobs report
On Friday, the March jobs report showed that the US economy lost more jobs than economists were expecting, a worrying sign about the damage to come amid the coronavirus pandemic. The US lost 701,000 jobs in March, a much wider margin than the 100,000 loss economists were expecting and the worst report in a decade. In addition, the Friday report from the Labor Department only includes data through March 14 and thus doesn't reflect the last two weeks of the month when 10 million Americans filed for unemployment insurance. The report is "grim, but only the start," Ian Shepherdson, chief economist at Pantheon ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Apr 3, 2020 7:24pm Apr 3, 2020 7:24pm
- herewardwake
- | Joined Mar 2020 | Status: Member | 189 Comments
- Comment #2
- Quote
- Apr 4, 2020 1:59am Apr 4, 2020 1:59am
- Mingary
- Joined Mar 2011 | Status: I should be on your ignore list | 2344 Comments
- Comment #3
- Quote
- Apr 4, 2020 5:49am Apr 4, 2020 5:49am
- eozdural
- | Joined Jun 2015 | Status: Member | 197 Comments
- Comment #4
- Quote
- Apr 4, 2020 8:26am Apr 4, 2020 8:26am
- RossEdwards
- Joined Jun 2019 | Status: Member | 3299 Comments
Warning: A Dangerous Subversive: 1% of comments CoCed
- Comment #5
- Quote
- Apr 4, 2020 10:10am Apr 4, 2020 10:10am
- eozdural
- | Joined Jun 2015 | Status: Member | 197 Comments
- Comment #6
- Quote
- Apr 4, 2020 11:19am Apr 4, 2020 11:19am
- Mingary
- Joined Mar 2011 | Status: I should be on your ignore list | 2344 Comments
- Comment #7
- Quote
- Apr 4, 2020 11:38am Apr 4, 2020 11:38am
- herewardwake
- | Joined Mar 2020 | Status: Member | 189 Comments
- Comment #8
- Quote
- Apr 4, 2020 2:14pm Apr 4, 2020 2:14pm
- syntaxfx
- | Joined Oct 2017 | Status: Member | 98 Comments
SyntaxFX
- Comment #9
- Quote
- Apr 5, 2020 2:19am Apr 5, 2020 2:19am
- RossEdwards
- Joined Jun 2019 | Status: Member | 3299 Comments
Warning: A Dangerous Subversive: 1% of comments CoCed