close
Breaking news

A new line of argument has already come to dominate the public sphere: it’...read more The government has gone one step further to detect community spread of the coro...read more The government has issued an order to abolish the six allowances, including the...read more Aarogya Setu application launched by NIC is aimed to track COVID-19 affected pe...read more SEOUL| South Korea’s unemployment rate was unchanged in April as the coronavi...read more Amid the outbreak of Corona pandemic in the country, Indian government has been...read more Prime Minister Narendra Modi in his address to the nation on Tuesday indicated ...read more Corona infection in the country is taking a macabre form. So far, more than 74 ...read more Congress General Secretary Priyanka Gandhi Vadra has written a letter to UP Chi...read more On Tuesday, Prime Minister Narendra Modi announced a package of Rs 20 lakh cror...read more

Layoffs Continue in America – 44.2 Million Jobs Lost

America

America is the worst hit nation due to the corona pandemic. Due to the epidemic, more than one lakh people have lost their lives here. At the same time, the economy has suffered heavily. According to analysts, 44.2 million people have lost their jobs in the US so far due to Corona.

The layoffs began in mid-March due to the closure to prevent the spread of the corona virus, which reached its peak in the same month. However, now these retrenchment figures are seen to be lacking.

Analysts say this weekly figure is still in better shape than any seen during the 2008 global recession crisis.

An analysis stated, “States and businesses have reopened, but restrictions on many activities remain in force, leading to further layoffs in the coming weeks.”

The threat of Covid-19 continues to be on the US. Although, there are signs of some deficiency in it, but still about 20,000 new cases are being registered every day. In states like Texas and North Carolina, more patients are being seen in hospitals in the past month than before.

Tags: ,

Show 1 Comment

1 Comment

Story Page

Download Our Mobile App