The Institute for Supply Management will release. its Good Seniors The One Where They Were Quarantined 2020 Friends Shirt manufacturing gauge on Monday. Meanwhile, the Federal Reserve will publish its latest Beige Book on Wednesday, which will detail anecdotal information on current economic conditions. Many expect U.S. manufacturing to have taken a hit from the coronavirus. Look out for ISM surveys and Beige Book for early signs of COVID-19 impact,” Michelle Meyer,
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Weekend action. The outlook for the Good Seniors The One Where They Were Quarantined 2020 Friends Shirt week could be changed this weekend by coronavirus. Expectations are rising on Wall Street that there could be some potential move from the Federal Reserve to get ahead of about 10 times the average for a whole week. Pennsylvania received a staggering 50,000 claims on Monday alone, compared to 12,000 claims for the first week of March
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All of this implies that, for the U.S. as a whole, total initial claims for unemployment insurance for this week could spike to over 2 million. During the worst week of the Great Recession, the last week of March 2009, claims reached 665,000. Some perspective: Even when the economy is booming, hundreds of thousands of workers file for unemployment benefits each week, and an even greater number find new jobs. In December 2007, by way of comparison, the U.S. economy added 108,000 jobs. In March 2009, it lost 800,000.
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