Quote:
Originally Posted by Johnny630
I see ZERO CHANCE of US Unemployed going to %20 Won’t Happen......thankfully it won’t even get close :-)
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I also hope you are correct, but the service and retail sector is going to hit hard the longer this pandemic drags out. As someone in service sector operations I know the conference call I took yesterday was very bleak and I'm sure I wasn't the only one on a like that call recently. Do I believe "true" unemployment can reach 20% soon? Probably not. But I can absolutely see temporary layoffs and closures pushing the percentage of the workforce going a period of time without a full paycheck or without one completely well past 20%.