Illinois Unemployment Explosion “Akin To a Natural Disaster”

The state’s massive influx of unemployment applications is akin to a natural disaster and a recession wrapped up in one.

That’s University of Illinois economics professor Alexander Bartik’s take.  He says once the economy can open back up and the right policies put in place, the economy can get back to where it was before the crisis.  Illinois had the lowest unemployment level in its history in February.

That changed in March with a ten-fold increase in jobless claims.

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