New Data Stokes the Call for a Second Stimulus Check
Though you might not know it by looking at Wall Street, the coronavirus disease 2019 (COVID-19) pandemic is the largest shock to the U.S. economy since the Great Depression, 90 years ago.
In an attempt to limit disease transmission, most governors were left with little choice other than to shut down nonessential businesses in March. This ultimately led to more than 40 million people filing an initial unemployment claim, and has pushed the unemployment rate from a roughly 50-year low of 3.5% to 13.3% in a matter of months.
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Source Fool.com
