Coronavirus Drives Record US Job Losses Amid Economic Shutdown
April 2, 2020
A staggering 10 million US workers have lost their jobs in the second half of March as the coronavirus forced stores and businesses nationwide to close their doors.
The data have left analysts at a loss for words as they try to gauge the damage, while politicians and economists blame policymakers and President Donald Trump for failing to prepare the country for the unprecedented economic hit.
Another 6.65 million US workers filed for unemployment benefits for the first time last week, the most ever recorded, the Labor Department reported Thursday.