Evan Lucas on Sky News
Economist Evan Lucas says coronavirus has devastated the US far worse than the Global Financial Crisis with more than 6 million people losing their jobs.
The InvestSMART Chief Market Strategist Lucas said COVID-19 had caused 7.5 times more jobless claims than the GFC.
The following video featuring InvestSMART's Chief Market Strategist Evan Lucas, appeared on Sky News on Thursday 2 April, 2020.
Frequently Asked Questions about this Article…
According to economist Evan Lucas, the coronavirus has devastated the US economy far worse than the Global Financial Crisis, with over 6 million people losing their jobs.
Evan Lucas is the Chief Market Strategist at InvestSMART, providing expert analysis and commentary on economic trends and market conditions.
Evan Lucas discussed how COVID-19 has caused 7.5 times more jobless claims in the US than the Global Financial Crisis, highlighting the severe economic impact of the pandemic.
The job loss rate during the coronavirus pandemic is significant because it is 7.5 times higher than during the Global Financial Crisis, indicating a much more severe economic downturn.
Evan Lucas appeared on Sky News on Thursday, April 2, 2020, to discuss the economic impact of COVID-19.
A Chief Market Strategist like Evan Lucas at InvestSMART analyzes market trends and provides strategic insights to help investors make informed decisions.
The jobless claim rate during COVID-19 is significantly higher, with 7.5 times more claims than during the Global Financial Crisis, illustrating the pandemic's severe impact on employment.
Evan Lucas highlighted the unprecedented scale of job losses in the US due to COVID-19, emphasizing the pandemic's devastating impact on the economy compared to past crises.
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