Millions of US Workers Losing Jobs as Coronavirus Spreads
Tuesday, March 31, 2020 | Tag Cloud Tags: coronavirus, Economy, News, PLO, United States, virus, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs! | Printer Friendly
(Worthy News) – Millions of U.S. workers are losing their jobs in a surge of layoffs as businesses large and small shut their operations amid the coronavirus pandemic.
A week ago, nearly 3.3 million workers filed for unemployment benefits. The figure is expected to rise rapidly in the coming weeks, with 40 million people predicted to be unemployed by mid-April.
Before the pandemic struck the United States, 5.8 million U.S. workers were unemployed — 3.5% of the workforce of 164.6 million. That figure had changed little in the past six months and was a linchpin of a robust economy. [ Source: VOA News (Read More…) ]
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