A record 6.6 million seek US jobless aid as layoffs mount

President Trump’s first 100 days
CNNMoney
The U.S. economy added a robust 235,000 jobs in February, the Labor Department reported on March 10. It was the first full month of jobs numbers in which Donald Trump was president.

WASHINGTON (AP) — More than 6.6 million Americans applied for unemployment benefits last week, far exceeding a record high set just last week, a sign that layoffs are accelerating in the midst of the coronavirus.

The job cuts are mounting against the backdrop of economies in the United States and abroad that have almost certainly sunk into a severe recession as businesses close across the world. Last week’s figure is much higher than the previous record of 3.3 million reported for the previous week. The surging layoffs have led many economists to envision as many as 20 million lost jobs by the end of April.

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