Northeastern University: Is Recession Necessary to Fight COVID-19?
March 27, 2020
March 27, 2020
BOSTON, Massachusetts, March 27 -- Northeastern University issued the following news:
Last week, 3.3 million people in the United States filed for unemployment, the highest number ever recorded by the U.S. Department of Labor, as businesses shuttered and employees were asked to stay home to slow the spread of the COVID-19 pandemic.
It's an unprecedented number of people, but this isn't a normal recession, says William Dickens, University Distinguished Professor of econo . . .
Last week, 3.3 million people in the United States filed for unemployment, the highest number ever recorded by the U.S. Department of Labor, as businesses shuttered and employees were asked to stay home to slow the spread of the COVID-19 pandemic.
It's an unprecedented number of people, but this isn't a normal recession, says William Dickens, University Distinguished Professor of econo . . .