Home Economic Development Focus Unemployment grows to 39 million as billionaires’ net worth increases $434B

Unemployment grows to 39 million as billionaires’ net worth increases $434B

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While the U.S. Department of Labor was today reporting 2,438,000 new unemployment insurance claims during the week ending May 16, bringing the nine-week total of claims during the COVID-19 pandemic to almost 39 million, two Washington, D.C., groups were reporting that U.S. billionaires got $434 billion richer in about the same time frame. According to…

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