With jobless claims topping an unprecedented 30 million and counting, nearly half of American workers may be unemployed by mid-May.
We are already in a recession; the only uncertainty is how bad it will get — and how long it will last.
Meanwhile, one group of workers who were facing a permanent recession long before COVID-19 is those facing the Scarlet Letter of a criminal record. Indeed, heading into the pandemic, formerly incarcerated people were already facing a 27 percent unemployment rate, higher than any U.S. unemployment rate including during the Great Depression.
The above excerpt was originally published in InsideSources. Click here to view the full article.
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