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Layoffs Continue in America – 44.2 Million Jobs Lost


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.

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