*To quote/paraphrase Trump, no one’s ever seen anything like this before. Nope, we sure haven’t. It’s beyond scary to be honest.
In particular, we’re referring to the fact that this week, a record-breaking 6.6 million people filed for unemployment.
Last week, more than 3 million Americans applied for unemployment benefits, as state-ordered coronavirus lockdowns have brought huge swaths of the economy to a halt. Not even during the peak of the Great Recession did the unemployment numbers come close to this latest spike, with 665,000 people applying for benefits the week of March 28, 2009.
The interactive chart below, via NBC News, dating back to 1967, shows the stunning surge in claims over the past couple of weeks.
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