Goldman Sachs predicts 2.25 million in US filed for unemployment this week [CNN]
Goldman Sachs Group, Inc. (The) (GS)
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Source: CNN
New York (CNN ) Early Thursday, a government report showed 281,000 Americans filed But next week's report is likely to be far worse, according to Goldman Sachs economists. They predict the report will show 2.25 million Americans filed for their first That estimate is based on news reports of an unprecedented surge in layoffs early in the week. Airlines, restaurants Read State employment agencies have been grappling with a sudden spike in calls, inquiring about unemployment benefits. Florida's Department of Economic Opportunity received 76,000 calls between just Monday and Wednesday, up from about 28,000 calls for the entire week before. The agency told CNN it plans to hire more than 100 individuals statewide to help answer calls and process unemployment claims. And on Thursday, New York State's Department of Labor had received 159,000 calls, all before noon. Usually the agency gets about 10,000 calls a day. The Goldman Sachs economists noted that although it's possible unemployment c
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