The latest unemployment figures reported by the federal government show staggering job losses across the country in the wake of the COVID-19-induced economic shutdown.
The US Department of Labor reports that 6.6 million Americans filed initial unemployment claims for the week ending April 4, 2020. Adding the latest number with the weekly figures that have been released over the last month, at least 16 million Americans have lost their jobs. The recent job losses have already exceeded those from the Great Recession, and are likely to grow as additional states begin to put additional shelter-in-place initiatives into place, The New York Times reports.
What impact has this staggering job loss had on t...