Unemployment – Wow!

The rate of change and disruption caused by COVID-19 is stunning by almost any measure.

The first chart shows the extra-ordinary magnitude of the individuals filing for unemployment insurance the last three weeks.

Whether Google searches are a good leading indicator or not, I don’t know. But, at least for now let’s hope that it can be in this instance. This chart would suggest that number of claims filed may have peaked or will at least start a downward trend.

We will find a ‘new normal’ let’s hope its soon!