Layoffs Slow, but 41 Million Lost Jobs as Coronavirus Hit

Around 2.1 million people applied for jobless aid in the last week.

  • Published 28 May 2020

[template id="245201"] WASHINGTON (AP) — Roughly 2.1 million people applied for U.S. unemployment benefits last week, a sign that companies are still slashing jobs in the face of a deep recession even as more businesses reopen and rehire some laid-off employees. About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed. The Labor Department’s report Thursday includes a count of all… Read at AP News