Washington: Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the coronavirus.
The Labor Department's weekly jobless claims report on Thursday followed news on Wednesday that the economy in the first quarter suffered its sharpest contraction since the Great Recession.
This ended the longest expansion in the United States' history as the economy reels from nationwide lockdowns to slow the spread of COVID-19, the respiratory illness caused by the virus.