The Coronavirus Economic Fallout Continues to Spread Rapidly – Ms. Magazine

Post date:

Author:

Category:

The staggering economic effects of the coronavirus are rapidly increasing, and U.S. workers in a variety of industries—from casinos and bars to airlines and cruise ships—are feeling the economic pressure.

U.S. workers in a variety of industries are feeling the economic pressure of recession, shelter in place ordinances, layoffs and closures. (duncan c / Creative Commons)

Looming Economic Recession

The Dow Jones plummeted on Monday, marking its worst fall ever and Wall Street’s worst showing since 1987’s Black Monday.

That same day, UCLA revised an economic forecast issued just last week that predicted a looming recession.

In its revised version, UCLA Anderson Forecast announced the economy has already stopped growing and will likely stay that way through the end of September.

Major Cities Declare Shelter in Place Orders and Lockdowns

Following the…

Continue Reading Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

STAY CONNECTED

20,790FansLike
2,412FollowersFollow
0SubscribersSubscribe

INSTAGRAM

7 Casual-Cool Outfits to Wear This Weekend

Copy and Graphics By: Madeline Galassi Feature Image By: Amy Jackson | Fashion Jackson Well, it’s officially happened here in Chicago—today we all innocently woke up, groggy...

Meet the Woman Behind Electric Car Innovation at GM

As someone who doesn’t own a car of any kind, an electric car feels like something that’s especially out of reach. Whenever I...

The Best Sales to Shop This Weekend

The Everygirl’s product selections are curated by the editorial team. If you buy something through our links, we may earn an affiliate commission,...