Millions more Americans likely filed for unemployment benefits last week as backlogs continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs
FILE PHOTO: People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease , at an Arkansas Workforce Center in Fayetteville, Arkansas, U.S. April 6, 2020. REUTERS/Nick Oxford/File Photo
A broad shutdown of the country in mid-March to contain the spread of COVID-19 has resulted in the worst labor market since the Great Depression and undermined the broader economy. With the initial claims numbers being somewhat distorted by processing issues, attention has shifted to the number of people staying on unemployment benefits rolls.
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