Coronavirus economic fallout trend hints at 3 million jobless Californians

Coronavirus economic fallout trend hints at 3 million jobless Californians

4 years ago
Anonymous $9CO2RSACsf

https://www.mercurynews.com/2020/04/08/coronavirus-economic-economy-fallout-trend-3-million-jobless-california-tech-hotel-restaurant-retail-newsom/

A new estimate by Gov. Gavin Newsom that 2.3 million in California have filed unemployment claims in recent weeks raises the forbidding prospect that the coronavirus could force the state’s now-ailing economy into intensive care.

If the governor’s estimates hold true, it’s possible that 3 million California workers are now unemployed at a time when state and local officials have shut down broad sectors of the California economy in a curb the spread of the coronavirus.