Fewer than half of working Americans will have a paycheck in May


 

(From The Business Insider)

“We would assume jobless claims will fall back sharply here, but if consumers remain reluctant to go shopping or visit a restaurant due to lingering Covid-19 fears, then employment is not going to rebound quickly,” Knightley said. “It would be another signal that a V-shaped recovery for the US economy is highly unlikely.”

Reprinted from: https://www.ac2news.com/2020/04/fewer-than-half-of-working-americans-will-have-a-paycheck-in-may/

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