04/02/2020

Report: 6.6 Million File First-time Unemployment Claims

The figure surged more than 3,000 percent since early March

The last three weeks have marked one of the most devastating periods in history for the American job market, as first-time claims for unemployment benefits have surged more than 3,000% since early March.

Businesses continue to lay off and furlough workers amid the coronavirus (COVID-19) outbreak.

More than 6.6 million U.S. workers, a new historic high, filed for their first week of unemployment benefits in the week ending March 28, according to the U.S. Department of Labor.

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