Coronavirus leaves 10 million Americans unemployed

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Coronavirus leaves 10 million Americans unemployed

Business closed in New York./Justin Lane (EFE)
Closed businesses in New York. 

March was also the second month in history that more gun permits were issued

The worrying numbers are not only those of the coronavirus. Other numbers have skyrocketed, unleashing fear and worry, that of unemployed, a side effect of the disease. Just last week, 6.6 million people signed up for unemployment in the United States, double that of the previous week, in which 3.3 million new unemployed were registered. There are 10 million jobs that have evaporated at the same breakneck speed as the earnings of the Stock Market. Ten million unemployed people face the abyss of uncertainty in the world’s first economy, and that’s only the beginning. According to economists, the figure will reach 20 million unemployed In the next weeks.

There is no precedent in the history of statistics to locate something of this magnitude. The record was set in 1982 when nearly 700,000 jobs were lost, fifteen times less. To put it in the perspective of a booming economy, at the end of February, only 0.3% of the workforce had applied for unemployment assistance. Now it is 6%. The disease, which does not differentiate between rich and poor, has spread across the globe. Even a country like Norway, where unemployment was at 2.3%, is suddenly at 10.4%. Like the virus that has rocked the known world, this evil will grow exponentially as companies throw in the towel.

The only vaccine available is that which almost all countries experiment with: economic incentives for companies to keep their employees on the payroll in exchange for subsidies or interest-free loans that can become non-repayable. Like the epidemic, which will still take three weeks to peak in New York, April’s data will be much darker than March’s, as companies began to ease payroll when mandatory closings were imposed halfway through. Of March.

By then the first ones will also have arrived government checks, estimated at $ 1,200 per taxpayer plus $ 500 per child. They will be an emergency lifeline to keep consumers alive, the engine of the American economy. Something like those humanitarian aid packages that are thrown from the helicopters to the victims in the disaster area, and that in the best of cases contain some energy bars and bags of rice.

Other numbers also worry the arms sale, another side effect of fear. During March the armouries did August. The FBI received 3.7 million applications for new licenses, the second month in history in which more weapons were sold, after that January 2013 in which Barack Obama proposed – without success – to pass more restrictive legislation after the impact. Emotional from the Sandy Hook massacre, the school where twenty children ages 6 and 7 were killed within minutes, plus seven teachers. If the figure, for now, lags behind it is only because the pandemic did not stop in American public opinion until mid-March.

As soon as Donald Trump considered imposing emergency measures, the National Rifle Association (NRA) began lobbying the government with personal calls to the president and his environment to get them to armouries were considered “essential businesses that are still open. Some states, like Washington, have used their powers within the federal state to shut them down. If the apocalypse comes, as those who expect to see a Mad Max on the streets anticipate, it will be bloody. The NRA subsidized the Trump campaign in 2016 with $ 30 million and undoubtedly betted on his reelection in November.

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