VIRUS TODAY: Unemployment applications in U.S. up this week

VIRUS TODAY: Unemployment applications in U.S. up this week

3 years ago
Anonymous $rH7oE7DjRg

https://apnews.com/433847f5008fe313b1dc6bcba1bf3314

Here's what's happening Wednesday with the coronavirus pandemic in the U.S.:

— The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed coronavirus infections. Applications from laid-off workers rose 13,000 from the previous week, which was revised sharply higher, the Labor Department said Thursday. Before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000, even during the Great Recession of 2008-2009. The figures underscore that the job market has stalled, with employers having added a mere 49,000 jobs in January after cutting workers in December. Nearly 10 million jobs remain lost to the pandemic.