Another 3 million Americans file jobless claims as layoffs continue to ravage economy
The nation’s weekly procession of COVID-19-related layoffs seems relentless.
About 3 million Americans filed initial unemployment benefit claims last week, the Labor Department said Thursday, spotlighting another wave of job cuts and adding to the unprecedented economic damage wrought by the pandemic.
In the past week, companies such as Uber, General Electric, and Airbnb have laid off thousands of workers.
In the past two months, more than 36 million have sought jobless benefits that represent the nation’s most reliable gauge of layoffs.