For the Class of 2020, a Job-Eating Virus Recalls the Great Recession - The New York Times - 0 views
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When the coronavirus pandemic forced college students across the country to leave campus in early March, the abrupt departure was especially painful for seniors. It meant rushed goodbyes, canceled graduation ceremonies — an overwhelming sense of loss.
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Now, many of those seniors are home with their families, contemplating an even worse prospect: a job market more grim than any in recent history. Last week, according to the Labor Department, nearly 3.3 million people filed for unemployment benefits, more than quadruple the previous record.
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As the economy barrels toward a recession, college seniors fear they could become the next class of 2009, which entered the work force at the peak of the Great Recession as companies conducted mass layoffs and froze hiring.
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