NewsCoronavirus

Actions

A record 6.6 million seek US jobless aid as layoffs mount

Tops record high set just last week
Default-Image_1280x720.png
Posted at 6:58 AM, Apr 02, 2020
and last updated 2020-04-02 10:10:38-04

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

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.

Claims for unemployment benefits in Utah will be released at 8:30 a.m.