Today news
The same in other media
US sheds 701,000 jobs, ending a record-long hiring streak
Reading now: 355
WASHINGTON (AP) - A record-long streak of U.S. job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs because of the viral outbreak that's all but shut down the U.S.
economy. The unemployment rate jumped to 4.4% from a 50-year low of 3.5%. Last month's actual job loss was likely even larger because the government surveyed employers before the heaviest layoffs hit in the past two week.
Nearly 10 million Americans applied for unemployment benefits in the last two weeks of March, far exceeding the figure for any corresponding period on record. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates Virus-induced shutdowns have forced widespread layoffs throughout the economy, from
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
COVID-19
United States
|
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
|
India
|
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
|
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
|