3.28 million people have applied for unemployment benefits in the United States, setting a record high
Editor’s note: This article comes from WeChat public account ” Silicon Valley insight “(ID: guigudiyixian) , author: Chelsea Yang.
Author | Chelsea Yang
Edit | SV Insight
As the number of newly diagnosed crowns in the United States has jumped to the top of the world, at least 26 states, including California and New York, have announced a ban on keeping residents at home and avoiding going out. When commercial activities are affected by a large area due to the epidemic, the employment situation naturally becomes very severe, especially in the tourism, hotel, transportation and other industries.
According to data released by the US Department of Labor, as of March 21, 3.28 million people in the United States have applied for unemployment benefits, a record high. Even in the 2008 financial crisis, only 665,000 people were unemployed, which shows how hard the outbreak has hit the US talent market.
Image from U.S. Department of Labor Weekly Insurance Report
Number of jobless declarations in each state as of March 21, pictures from the Internet
You can see from the state unemployment charts released by the US Department of Labor that California has the largest number of unemployed, reaching 186,809. Since 2019, the venture capital market has begun to experience a capital winter. Successive high-value, low-yield giant start-ups such as WeWork and Casper have fallen, and investors have begun to re-examine whether the blind contributions to startups are A proven method, and the advent of this year’s epidemic has only worsened start-ups in need of capital injections.
What specific startups are there in Silicon Valley?