Paul Krugman

@paulkrugman ↗

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Last Checked June 4, 2021

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Thu Apr 30 19:23:12 +0000 2020

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Paul Krugman @paulkrugman

And continued claims are up by 16M, which is surely an underestimate. So true rise in unemployment somewhere in between. Split the difference and it's 24M, which is 15% of the labor force, implying an unemployment rate of something like 18% 8/ https://t.co/ZMOXPSXlpU — PolitiTweet.org

Posted April 30, 2020 Hibernated

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Paul Krugman @paulkrugman

On the other hand, if we look at *continued* claims — people actually getting benefits — the relationship goes the other way, with UI understating true unemployment 7/ https://t.co/vJWQNlaJjy — PolitiTweet.org

Posted April 30, 2020 Hibernated

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Paul Krugman @paulkrugman

So yes, it's horrific, which you already knew. And already probably worse than CBO projections! Sorry, but this was an itch I needed to scratch 9/ — PolitiTweet.org

Posted April 30, 2020 Hibernated