The US economy has now erased all job gains since the Great Recession
It took only five weeks for the U.S. economy to wipe out all the job gains it added over the last 11 years.
The coronavirus and forced business closures throughout the U.S. again buoyed the number of Americans applying for state unemployment benefits, which last week totaled 4.427 million, the Labor Department reported Thursday.
Combined with the four prior jobless claims reports, the number of Americans who have filed for unemployment over the previous five weeks is 26.45 million. That number exceeds the 22.442 million jobs added to nonfarm payrolls since November 2009, when the U.S. economy began to add jobs back to the economy after the Great Recession.
The rapid nature of the job losses is unprecedented, wiping out more than a decade's worth of job gains in five weeks.
https://www.msn.com/en-us/money/markets/the-us-economy-has-now-erased-all-job-gains-since-the-great-recession/ar-BB135BlT
Well he's finally done it, erased all of Obama's accomplishments.
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