Unemployment claims in the U.S. surged to record numbers last week as the coronavirus pandemic led to massive layoffs. The Labor Department says a record 3.2 million claims were filed last week – more than quadrupling the previous one-week record of 695,000 set in 1982. The coronavirus-related economic crash has ended one of the longest employment booms in U.S. history. More job losses are expected as coronavirus-related lockdowns continue.
BREAKING: US weekly jobless claims soar to a record-breaking 3.28 million, vs 1.5 million expected https://t.co/FhXMloCfmW
— CNBC Now (@CNBCnow) March 26, 2020
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