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IPFS News Link • Employment & Jobs

US Restaurant Association Projects Up To 7 Million Jobs Lost Over 3 Months

• by Tyler Durden

 Ohio was among the very first to declare it Sunday evening, and has since seen a nearly 600% leap in unemployment benefit applications since last week

This appears the emerging pattern in other states as well, with Connecticut reporting 30,000 claims filed since last Friday, compared to a prior average of between 3,000 and 3,500 a week. 

The National Restaurant Association is predicting the unprecedented carnage is only just beginning, on Wednesday writing a letter to the White House and Congress detailing an estimated $225 billion in sales will be wiped out over the next three months, crucially prompting the loss of between five and seven million jobs.

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