Sound journalism, grounded in facts and Biblical truth | Donate

COVID-19 economic toll rising

A sign at a closed hair salon in Grosse Pointe Woods, Mich. Associated Press/Photo by Paul Sancya

COVID-19 economic toll rising

Just how many American workers are losing jobs due to the coronavirus pandemic continues to come into clearer focus every week as state governments process backlogged unemployment claims. The U.S. government on Thursday released numbers showing that 6.6 million workers applied for unemployment benefits last week after 48 states closed non-essential businesses.

Is it going to get worse? A spike in applications for unemployment has overwhelmed labor departments across the country, and the numbers are likely higher, with more layoffs on the horizon. More than 20 million Americans could lose their jobs this month, and the April jobs report could reveal a U.S. unemployment rate as high as 15 percent.

Dig deeper: Read Sophia Lee’s report on how the pandemic has affected small businesses.

Rachel Lynn Aldrich

Rachel is a former assistant editor for WORLD Digital. She is a Patrick Henry College and World Journalism Institute graduate. Rachel resides with her husband in Wheaton, Ill.

An actual newsletter worth subscribing to instead of just a collection of links. —Adam

Sign up to receive The Sift email newsletter each weekday morning for the latest headlines from WORLD’s breaking news team.

Please wait while we load the latest comments...