[God luvs America]

i stayed away from the TV this morning but in all honesty I thought the number would be worse..

[Yo-Yo]

i stayed away from the TV this morning but in all honesty I thought the number would be worse..

Stay away from the May report on April. You'll see a depression-era 30% unemployment rate.

[cornfedcowboy]

I figured it would be many millions.

[NohSpinZone]

You ain’t seen nothing yet. This is a lagging indicator.

[Dave W]

That is because the number is from mid month. They do their survey beginning the first week of the month and wrap it up by the end of the second week so everything can be compiled by the end of the month. It will probably be as much as 20% next month.

[Sam Gamgee]

Did NBC provide any context, like thanks to Trump enacting a lock down we have saved lives, but at the cost of jobs? The same media that pushed us into the lock down are reporting job losses like they are unrelated.

[TECTopcat]

agree- it will go much, much higher-the longer we are out the worse it is

[JamesP81]

“i stayed away from the TV this morning but in all honesty I thought the number would be worse..”

It is worse. This number is lagging behind.

The number of first time claims for March was 10 million. That’s how many people lost their jobs.