U.S. billionaires’ wealth jumped by $931 billion during pandemic

Eldonita de Ed Newman
2020-10-26 12:32:57

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Washington, October 26 (RHC)-- The U.S. Labor Department reports 787,000 American workers filed new unemployment claims last week — the second-lowest total since March but still historically high compared to pre-pandemic levels. 

This comes as a new report by Americans for Tax Fairness found the collective wealth of billionaires in the U.S. has jumped by $931 billion since mid-March.  

The report also found 22 million U.S. adults reported not having enough food to eat — and more than half of those adults had children in their households.  Nearly 62 million U.S. residents lost work between mid-March and mid-November.



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