Food service industry hit especially hard by coronavirus-induced unemployment spike
(Worthy News) – The number of people claiming unemployment has spiked significantly, with a new Department of Labor report claiming that a 33 percent week-to-week increase is the highest since the Great Recession.
Despite the December 2019 national unemployment rate being the lowest it had been in over four decades, and a general decrease in unemployment over the last three years, an “increase in initial claims…clearly attributable to impacts from the COVID-19 virus” changed the trend.
“A number of states specifically cited COVID-19 related layoffs, while many states reported increased layoffs in service-related industries broadly and in the accommodation and food services industries specifically, as well as in the transportation and warehousing industry, ” the report states.
President Trump limited all non-essential travel between the US and Canada Wednesday, closing the northern border “by mutual consent.”
💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.
📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌
Latest Worthy News
If you are interested in articles produced by Worthy News, please check out our FREE sydication service available to churches or online Christian ministries. To find out more, visit Worthy Plugins.