Small businesses are seeking emergency loans in massive numbers. overwhelming the system.
Author: Paul Davidson, USA TODAY
As coronavirus spread, economy lost 701,000 jobs in March, breaking 10-year string of gains
Employers cut 701,000 jobs in March as the coronavirus pandemic began to take a toll on the economy, breaking 10-year string of gains. Millions of layoffs are expected.
A record 6.6M Americans file for unemployment benefits as coronavirus wreaks havoc on economy
The number of Americans filing jobless claims rose to 6.6 million last week. Some economists expect tens of millions of layoffs in the next couple of months.
Which states will be hit hardest by coronavirus-related job losses? See the list.
States reliant on tourism and manufacturing could be hit hardest by coronavirus-related job losses while five rural states could be most insulated.
Unemployment claims for last week could shatter record amid millions of new layoffs
Several million more jobless claims were likely filed last week as layoffs mount because of the economic damage caused by the coronavirus.
What happens if you can’t pay rent on April 1 because coronavirus forced you out of work?
Congress and many states and localities are protecting tenants, and landlords, who can’t pay their rent or mortgages because of the coronvirus.
How quickly can the economy bounce back from the coronavirus?
Can the economy surge after the coronavirus? Many experts says it could take a while for the economy to return to normal .
Unemployment could top 32% as 47M workers are laid off amid coronavirus: St. Louis Fed
Unemployment could top 32% as 47 million Americans lose their jobs, according to a St. Louis Fed estimate.
Initial jobless claims surged to record 3.3M last week as coronavirus takes heavy toll on economy
The number of Americans applying for jobless benefits for the first time surged to record 3.3M last week
‘Quite ominous’: Unemployment claims for last week could reach several million due to COVID-19 layoffs
A report on first-time claims for jobless benefits could show several million Americans were laid off last week — the highest weekly total on record.