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UNEMPLOYMENT REPORT: No Need to be Worried!

Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even higher. These numbers represent the extreme hardship so many families are experiencing right now. That pain should not be understated. However, the long-term toll the pandemic will cause should not be overstated either. There have been numerous headlines claiming the current disruption in the economy is akin to the Great Depression, and many of those articles are calling for total Armageddon. Some experts are stepping up to refute those cl

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eXp Realty

2603 Camino Ramon, Ste. 200

San Ramon, CA 94583

BRE# 01878277

Matthew Stewart Real Estate Team at eXp Realty

Broker associate

BRE# 01203051

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