First-time unemployment claims doubled week-over-week, to 6.6 million. There are 100,00 crew members stuck on ships at sea during this pandemic. Some economists push for longer grace periods on debt repayment.
Over the week that ended on Saturday, March 28, 6.6 million people signed up for state unemployment benefits.
“For those businesses that are getting so much help from the government, part of that should be used to help the debtors,” said Nobel laureate Joseph Stiglitz.