As unemployment continues to rise, the US could face another crisis: Homelessness across the country could increase by 45%

As unemployment continues to rise, the US could face another crisis: Homelessness across the country could increase by 45%
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  • Homelessness in the US could go up by 45% as a result of unemployment due to the coronavirus pandemic, according to a new study from an economics professor at Columbia University.
  • More than 800,000 people could be homeless by the summer.
  • The unemployment rate in the US reached 14.7%, which hasn’t been seen since the Great Depression.

Homelessness in the United States could increase by as much as 45% by the end of this year, according to a new study from a Columbia University economics professor.

Millions of Americans have filed for unemployment as many businesses across the country shutter due to stay-at-home orders and closures of non-essential businesses in an effort to limit the spread of the new coronavirus.

Source: Business Insider

 

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