Job losses continue to mount in US despite reopenings

Job losses continue to mount in US despite reopeningsThe coronavirus crisis threw at least 2.1 million Americans out of work last week despite the gradual reopening of businesses around the country, stoking fears Thursday that the scourge is doing deep and potentially long-lasting damage to the U.S. economy. Amid a few glimmers of hope, most of the latest economic news from around the globe was likewise grim, as some of the world's most populous countries continued to report rising infections and deaths. The latest job-loss figures from the U.S. Labor Department bring to 41 million the running total of Americans who have filed for unemployment benefits since the coronavirus shutdowns took hold in mid-March.




from Yahoo News - Latest News & Headlines https://news.yahoo.com/virus-deaths-surpass-100-000-065022963.html

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