Coronavirus unemployment: One-fourth of California workers could lose jobs, governor says
https://www.mercurynews.com/2020/05/11/coronavirus-unemployment-layoff-job-california-great-depression-newsom-tech-retail-restaurant-hotel-construction/
An unemployment rate that has “skyrocketed” could leave one-fourth of California’s workforce without jobs — akin to the rates during the Great Depression — Gov. Gavin Newsom warned Monday in a forbidding assessment about how the coronavirus has wrecked the state’s once booming economy.
“Unemployment numbers” in California “will be north of 20 percent,” Newsom said during a regular briefing to discuss the state’s war against the deadly bug. The state’s Employment Development Department is due to release the latest official unemployment rate for California on May 22.
Coronavirus unemployment: One-fourth of California workers could lose jobs, governor says
May 12, 2020, 11:19am UTC
https://www.mercurynews.com/2020/05/11/coronavirus-unemployment-layoff-job-california-great-depression-newsom-tech-retail-restaurant-hotel-construction/
> An unemployment rate that has “skyrocketed” could leave one-fourth of California’s workforce without jobs — akin to the rates during the Great Depression — Gov. Gavin Newsom warned Monday in a forbidding assessment about how the coronavirus has wrecked the state’s once booming economy.
> “Unemployment numbers” in California “will be north of 20 percent,” Newsom said during a regular briefing to discuss the state’s war against the deadly bug. The state’s Employment Development Department is due to release the latest official unemployment rate for California on May 22.