Total US layoffs caused by the coronavirus pandemic reached 44.2 million even as businesses try to reopen, and analysts warn of continuing damage to the world's largest economy as COVID-19 shows fe...
Total US layoffs caused by the coronavirus pandemic reached 44.2 million even as businesses try to reopen, and analysts warn of continuing damage to the world’s largest economy as COVID-19 shows few signs of abating.
The massive layoffs have become routine since shutdowns to stop the coronavirus from spreading began in mid-March, reaching their peak later that month and declining since. Rubeela Farooqi of High-Frequency Economics said the data shows the US economy is clearly not back to normal. COVID-19 remains a stubborn threat in the United States, which continues to record around 20,000 new cases every day with few signs of reduction. States like Texas and North Carolina are seeing more patients hospitalized with the virus than a month ago.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COVID-19: 19 workers test positive in Azerbaijan president’s officeAt least 19 staff in the office of Azerbaijan's president have tested positive for coronavirus, officials said, as authorities in the repressive Caucasus nation struggle to contain an escalating cr...
Read more »
COVID-19: Consult us, don’t give us orders, clerics tell El-Rufa’iIslamic clerics from different sects under the auspices of the United Muslim Foundation (UMS), on Thursday converged in Zaria to review the conditions attached to the lifting of lockdown in Kaduna state. Read more:
Read more »
US COVID-19 cases pass two million
Read more »
Abia Govt reveals COVID-19 results of Ikpeazu's family membersWe are a quality, national, newspaper with credible and dependable information.
Read more »
COVID-19: Ndume calls for part-time National Assembly to save costThe Chairman, Senate Committee on Army, Senator Ali Ndume, on Wednesday called for conversion of the National Assembly to a part-time...
Read more »