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COVID 19: Record U.S Unemployment as Lockdowns Bite




COVID 19: Record U.S Unemployment as Lockdowns Bite

  • Update Time : Friday, April 3, 2020
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COVID 19: Record U.S Unemployment as Lockdowns Bite
COVID 19: Record U.S Unemployment as Lockdowns Bite

MarketDeal24.Com – The United States has reported a whopping 6.648 million initial claims for joblessness over the last week as nationwide lockdown and social distancing measures have started to show its symptoms via economic activities.

The largest economy of the globe posted over 180,000 cases of infection and almost 4,000 fatalities as of April 2.

Market watchers are of the view that the ongoing decline in both the economic activities and the number of unemployed will worsen further. However, the March non-farm payrolls is due to be released today, on Friday.

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