Resurgence of Jobless Claims Signals Prolonged Economic Depression

Cover photo of European Central Bank Forum on Central Banking by Rev By Mike Talavera Last week marked the first sharp rise in applications for unemployment benefits since early October, jumping from 18,000 the previous week to over 743,000. The spike comes as the economy has struggled to bounce back since the crisis began in March, forcing senior government officials to recognize the inherent inequality … Continue reading Resurgence of Jobless Claims Signals Prolonged Economic Depression