Advertisement

US jobless claims set another new record

US jobless claims set another new record Photo: WDIO/MGN

Created: April 02, 2020 12:26 PM

WASHINGTON (AP) - More than 6.6 million Americans applied for unemployment benefits last week, far exceeding a record high set just last week, a sign that layoffs are accelerating in the midst of the coronavirus.

Advertisement

The job cuts are mounting against the backdrop of economies in the United States and abroad that have almost certainly sunk into a severe recession as businesses close across the world.

Last week's figure is much higher than the previous record of 3.3 million reported for the previous week. The surging layoffs have led many economists to envision as many as 20 million lost jobs by the end of April.

Copyright 2020 The Associated Press. All rights reserved.

Advertisement
Advertisement

Crews battling active fire at Superior Landfill

Itasca Co. Fair canceled

6-year-old Duluth boy dies in Lake Superior in Douglas County

City looking for ideas and teens for employment program

Duluth schools dealing with cyber security breach

NAACP extends outreach efforts to include voting registration, Census response

Advertisement