A spike in jobless claims as a result of the COVID-19 pandemic could be historic, according to a prediction by Goldman Sachs.
While the Trump administration is asking states to not disclose exact unemployment claim numbers as coronavirus-related jobless claims mount, Goldman Sachs feels no such compunction to stay quiet: The firm predicts that new claims will spike to a whopping 2.25 million, the largest one-week jump in history.
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