As Jobless Claims Set Record, Senate Takes Long Vacation

Spring breakers.
Photo: Samuel Corum/Getty Images

Last week, roughly 3 million Americans lost their jobs. Until today, the all-time record for weekly unemployment claims in the U.S. had been 700,000. Now it is 3.3 million (in seasonally adjusted terms). That record is likely to last exactly seven days, as economists widely believe that more Americans were laid off this week than last.

Meanwhile, confirmed coronavirus deaths in the U.S. just crossed 1,000. In some cities, hospitals are already running out of beds for the severely ill and morgue space for each day’s dead. Some have taken to storing the deceased in refrigerated trucks. Confirmed cases of COVID-19 are still growing exponentially, while much of the country is failing to observe the CDC’s recommendations for containing the virus’s spread. If current trends continue, the United States may soon be the epicenter of both a global pandemic and economic depression.

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