More than 701,000 US jobs were cut in March as unemployment claims soar to record high

United States News News

More than 701,000 US jobs were cut in March as unemployment claims soar to record high
United States Latest News,United States Headlines
  • 📰 TheSun
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 61%

MORE than 701,000 US jobs were cut in March during the coronavirus crisis. This has ended a record hiring streak in America after nearly 10 years. According to Labor Department numbers that were re…

Credit: AP:Associated Press, or lost their jobs entirely as many non-essential businesses around the nation have had to close their doors.

Over a two-week period, nearly 10 million people have applied for unemployment – although the total number of those without work is likely far higher as over 240 million are under lockdown.A senior White House official toldthat the staggering number of claims reinforces the "need for speed" in distributing funds promised in the stimulus package.

When unemployment claims hit a record 3.3 million last week, the number was five times the previous record held from 1989.6 kids said goodbye to their mom using WALKIE TALKIE as she died from virusMADE UP IN CHINAVirus model says 2,271 will die on April 15 and the pandemic last until JUNEPandemic doc scientist says his team has discovered potential coronavirus cure

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheSun /  🏆 64. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US employment claims hit record 6.6 million as coronavirus devastates economyUS employment claims hit record 6.6 million as coronavirus devastates economyUS unemployment figures have once again shattered records, with 6.6 million Americans filing for benefits as the coronavirus pandemic brought society to a grinding halt in most states across the
Read more »

Ireland facing recession with more job losses from coronavirus than 2008 crashIreland facing recession with more job losses from coronavirus than 2008 crashMore people have lost their jobs in two weeks than during a three year period after the financial crash.
Read more »

Banks told to waive credit card payments and offer interest-free overdrafts during coronavirus outbreakBanks told to waive credit card payments and offer interest-free overdrafts during coronavirus outbreakCredit card and loan repayments to be frozen for customers in financial difficulty as pandemic causes unemployment to soar
Read more »

Spain sees historic rise in unemployment as nearly 900,000 lose jobs since lockdownSpain sees historic rise in unemployment as nearly 900,000 lose jobs since lockdownRise in unemployment exceeds the 2008 financial crisis and the Great Depression of 1929
Read more »

Coronavirus continues to batter US economy with 6.65 million filing for unemployment last weekCoronavirus continues to batter US economy with 6.65 million filing for unemployment last weekCoronavirus%20continues%20to%20batter%20US%20economy%20with%206.65%20million%20filing%20for%20unemployment%20last%20week%20%7C%20US%20unemployment%20and%20employment%20statistics%20%7C%20The%20Guardian
Read more »

Global markets tumble as factories cut jobs – live updatesGlobal markets tumble as factories cut jobs – live updatesCompanies are cutting back on production plans, and shed jobs at the fastest rate since 2012
Read more »



Render Time: 2025-04-07 05:38:44