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Layoffs stuck at high level as 1.3 million seek jobless aid

Posted on AllSides July 9th, 2020
From The Left

WASHINGTON (AP) — More than 1.3 million Americans applied for unemployment benefits last week, a historically high pace that shows that many employers are still laying people off in the face of a resurgent coronavirus.

The persistently elevated level of layoffs are occurring as a spike in virus cases has forced six states to reverse their move to reopen businesses. Those six — Arizona, California, Colorado, Florida, Michigan and Texas — make up one-third of the U.S. economy. Fifteen other states have suspended their re-openings. Collectively, the pullback has stalled...

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https://apnews.com/a80c9dc5d83dfa2e0dd3e5a499c09d92

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