Good morning. The consensus expectation for this morning's (8:30 am US eastern) jobless claims is 2.50 million, down from last week's realized 2.98 million (Bloomberg chart below). This would bring the 2 month total to some 39 million. Economists are also looking at the number of people without access to these benefits and seeking support under the CARES act. Meanwhile, based on a census bureau report, the @WSJ reports that "nearly half of adults live in households that have lost income in the two months" (second chart below). #economy #jobs #unemployment #employment …see more