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Coronavirus Effect: Nearly 39 million have lost jobs in US since the outbreak of pandemic

Shortpedia

Content Team

According to the American government, the number of Americans applying for unemployment benefits in the two months since the coronavirus took hold in the U.S. has swelled to nearly 39 million. More than 2.4 million people filed for unemployment last week in the latest wave of layoffs from the business shutdowns that have brought the economy to its knees. Unemployment in US could peak in May or June at 20% to 25%.