Global job losses have surged with millions of Americans and Europeans seeking unemployment benefits as lockdowns imposed to slow the spread of the coronavirus pandemic wreak havoc on some of the world’s biggest economies.
A record 6.6m Americans filed for jobless aid last week, the US labour department said on Thursday, more than double the 3.3m that applied for benefits two weeks ago — and far higher than economists’ forecasts.
More than 10m Americans filed new claims for unemployment benefits in the second half of March, a massive surge in unemployment in the world’s largest economy.
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