☰
HomeLiving Beyond BordersGZERO WorldSignalIn 60 SecondsPuppet RegimeGZERO World PodcastContact UsAbout UsCareersPrivacy PolicyTerms

The Graphic Truth: US jobless claims stay sky high

April 10, 2020
GZERO Media

US new jobless claims stayed sky high this week as coronavirus-related quarantine orders continue to force layoffs. Some 6.6 million people applied for unemployment in the last week alone, bringing the total number of fresh jobless claims to more than 16 million since mid-March. Economists expect the unemployment rate to soar from a 50-year low of 3.5 percent in February to 15 percent or higher in the near term. How does that compare with the jobless rate during the Great Depression or the Great Recession? Have a look.

More from GZERO Media

Syrian rebels clash with Kurds as Assad’s backers spring into action

Rebel forces seized Mengh Airbase and the city of Tel Rifaat in the Aleppo countryside on December 1, 2024, following clashes with the Syrian Democratic Forces (SDF) and Syrian regime forces.
Photo by Rami Alsayed/NurPhoto

In case anyone has forgotten just how complicated Syria’s civil war always was, the recent drama around Aleppo escalated on Monday as the Syrian National Army, a group backed by Turkey, attacked US-backed Kurdish groups near the city.

French government barrels toward a brick wall

French Prime Minister Michel Barnier leaves following the weekly cabinet meeting at the Elysee Palace in Paris, France, on Nov. 27, 2024.

REUTERS/Stephane Mahe

In France, political push came to shove on Monday, as Prime Minister Michel Barnier moved to ram a controversial pensions finance reform bill through the Assemblée Nationale, France’s lower (but more powerful) house of parliament.

Romania repels the right – for now

Supporters of the radical right Alliance for Uniting Romanians wave Romanian flags following the first exit polls, at the party’s campaign headquarters, on the day of the parliamentary election, in Bucharest, Romania, on Dec. 1, 2024.
REUTERS/Alkis Konstantinidis

Romania’s leftist and centrist parties declared victory Monday following Sunday’s election as the ruling Social Democrat party, or PSD, secured 22.4% of the vote. The far right also saw increased support, with the Alliance for Uniting Romanians winning 18.2%, double its 2020 support. Pro-western parties are now expected to form a coalition, but the country still needs to hold its crucial presidential runoff on Dec. 8.

Post-election sentiment shifts: How investors are responding to a new government

RBC Capital Markets

While many investors took a ‘wait-and-see’ approach in the lead up to the election, as the results sets in, investors and businesses are evaluating how recent political shifts will impact market conditions and capital flows in the months ahead. With the election now behind us, will the next administration drive a transaction revival and support new investment opportunities? Analyze election impacts to markets and industries with insights from leading experts on the issues that matter most with Beyond the Ballot, brought to you by RBC Capital Markets.

Biden pardons son after promising not to do so

U.S. President Joe Biden stands with his son Hunter Biden, who earlier in the day was found guilty on all three counts in his criminal gun charges trial, after President Biden arrived at the Delaware Air National Guard Base in New Castle, Delaware, U.S., June 11, 2024.
REUTERS/Anna Rose Layden

After previously promising to allow the justice system to handle Hunter Biden’s federal felony gun and tax convictions, outgoing President Joe Biden instead issued a "full and unconditional pardon" to his son on Sunday.

Syrian rebels reignite war, make advances in Aleppo

Rebel factions successfully seized control of the city of Aleppo, Syria, on November 30, 2024, after intense clashes and fierce battles with Assad regime forces.
Photo by Rami Alsayed/NurPhoto

Anti-government forces opposed to Syrian President Bashar Assad launched a shock attack on the largest city, Aleppo, on Saturday.

About UsCareers PressContact Us Privacy PolicyTerms of Use
© 2020 GZERO Media. All Rights Reserved | A Eurasia Group media company.