jason1637 said: 9% plus the 3.5% February unemployment rate bring us to 12.5% unemployment. During the 2008 recession the peak was 10.2%. |
Thats nuts too.
In denmark, we pushed our tax collection back like half a year, and promised bussiness's to pay for 75% of the workers pay's up to a certain amount.
So even though its also cost some jobs, its a far cry from being as dramatic as that number (or %).
I think I read it was like 14,000 jobs? so far or something (we re a small country of only 6.7m ppl so... yeah)
But still, factor that up (by population differnces) and its still a tiny fraction of what happend in the US.
And I think denmark is ahead in how long this quarantine stuff has been going on.
Seems in the US the employer is much quicker to fire people.
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