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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: Travis_Bickle who wrote (112747)3/19/2020 11:14:07 AM
From: Horgad1 Recommendation

Recommended By
ggersh

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Just a million would be a small miracle.

200k reported in 3 days in just two states. I suppose it may be unreported/lagged because not all states systems will be able to handle volume. Also, unemployment offices are going to be a vector for the transmission if they don't figure out how to cut lines and crowds.

ft.com

"In the first three days of this week, just under 78,000 people in Ohio filed unemployment insurance claims, compared with 5,400 people for the entire previous week, according to Ohio’s labour department. The situation was just as stark in Pennsylvania, where 121,000 people filed claims from Monday to Wednesday, more than 10 times the number who had filed in the whole of last week, according to the state’s labour officials."
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