UNEMPLOYMENT CATASTROPHE and JOBS DISAPPEARING BECAUSE OF COVID-19. KIRK ELLIOTT PHD AND JOHN MICHAEL CHAMBERS AM+NALYZE IN THIS INTERVIEW.
In a recent article in Forbes (LINK HERE) the author referenced a report by the Saint Louis Federal Reserve. It was grim. The projection was 47 MILLION people could become unemployed when the COVID-19 crisis is done. What does this mean? Even after the health impact is gone, the economic impact of the virus will remain with us for a long time.
Watch the video as I discuss this on the Nemos News Network.