We're about to get an early sign of just how badly coronavirus will damage the economy | Markets Insider

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We're about to get an early sign of just how badly coronavirus will damage the economy | Markets Insider
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We're about to get an early sign of just how badly coronavirus will damage the economy

, attributing the issues to spikes in traffic. Kentucky typically processes 2,000 claims per week, yet received more than 9,000 claims on Tuesday, The Journal reported.

An uptick in unemployment claims could be driven by states' expanding eligibility as the virus' economic toll intensifies. Several state governments are allowing quarantined workers and those without paid sick leave to apply for unemployment benefits. , the website announced Wednesday. The decline dragged the pace of openings into the slowest 10% of weeks for growth since the start of 2016.BANK OF AMERICA: Buy these 20 cash-rich stocks that pay fat dividends and provide the best long-term protection against market crashes

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