Coronavirus batters US economy as 6.65m file for unemployment last week

April 3, 2020

The US now faces the sharpest rise in unemployment in its history, a surge that is already highlighting income inequality across the nation and comes as the global economy goes into a nosedive that is likely to exacerbate the situation in the months ahead. Advertisement

“We are at the mercy of the virus,” said William Rodgers, former chief economist at the US Department of Labor. Rodgers calculates US unemployment, 3.5% in February, has already reached 17% in just two weeks and that rates for African Americans have soared to 19% from 5.8%.

The Guardian, April 2, 2020

Recent Posts

Sophia Jones, Committed to Cultural Competence

Sophia Jones, PhD, has been a Public Health part-time lecturer at the Bloustein School since 2016. She was recently featured on "Meet the People of Rutgers." Sophia Jones, Committed to Cultural Competence Jeff Arban/Rutgers University The Basics Title: Program...

NJSPL – New Jersey Employment Concerns Revisited

As 2024 began with yet another surprisingly strong jobs report for the U.S. (353,000 jobs added in January and the unemployment rate steady at 3.7%), and with a full year’s worth of 2023 state-level employment data now available, it’s worth briefly revisiting some of...

Upcoming Events

Lunch and Learn: Health and Housing Equity Cluster

Bloustein School, Civic Square Building 33 Livingston Avenue, New Brunswick, NJ, United States

The Rutgers Housing & Health Equity Cluster would like to invite you to join us for an in-person lunch and learn. All are welcome to bring lunch and eat during […]

Event Series CAREERS

Career Virtual Drop-ins

Virtual

Bloustein Career Development Specialists Cheryl Egan and Andrea Garrido will be in a Zoom Room on Monday's beginning January 22, 2024 (excluding holidays and spring break) to answer questions, provide […]