Jobless Claims Mount as Employers and Workers Face Bleak Outlook
Source: NY Times
In an early sign of the coronavirus pandemic’s devastating impact on American workers, the Labor Department on Thursday reported a 30 percent increase in unemployment claims last week, one of the largest spikes on record.
The surge — 281,000 new claims — reflects a crushing new reality: Any hopes that businesses could keep their staffs largely intact have quickly evaporated.
Job losses have become so sensitive that the Trump administration is asking state labor officials to delay releasing the precise number of unemployment claims.
In an email sent Wednesday and shared with The New York Times, the Labor Department instructed state officials to do nothing more than “provide information using generalities to describe claims levels (very high, large increase)” until the department releases the total number of national claims next Thursday.
Read more: https://www.nytimes.com/2020/03/19/business/economy/coronavirus-employers-unemployment.html
Labor Department instructed state officials to do nothing more than “provide information using generalities to describe claims levels (very high, large increase)”
= new reply since forum marked as read
