The congressional budget office (CBO) put out a report today on the impacts of coronavirus to the economy and it is bleak. Perhaps the most jarring nugget is they think the country could have a 9% unemployment rate at the end of 2021.

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In times of crisis, the kind of economic data that is ordinarily only of interest to economists and finance pros draws more attention from the rest of us as we look for signs of what is going on, and what is to come. Last week’s jobless claims number, the highest in United States history, was a sobering look at what is in store economically.

This week we’ll get another round of jobless claims numbers, along with looks at manufacturing and service jobs that will help us understand the velocity and depth of the economic crisis we are facing. 

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