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The New York Times, Nelson D. Schwartz, 4/16/2020

“…In the last four weeks, the number of unemployment claims has reached 22 million — roughly the net number of jobs created in a nine-and-a-half-year stretch that began after the last recession and ended with the pandemic’s arrival….

“There’s nowhere to hide,” said Diane Swonk, chief economist at Grant Thornton in Chicago. “This is the deepest, fastest, most broad-based recession we’ve ever seen….”

Read more: https://www.nytimes.com/2020/04/16/business/economy/unemployment-numbers-coronavirus.html

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