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Wednesday, May 27, 2020

US economy: New wave of U.S. layoffs feared as coronavirus pain deepens

Job cuts by U.S. state and local governments whose budgets have been crushed fighting the COVID-19 pandemic and more second-wave layoffs in the private sector likely contributed last week to a 10th straight week of more than 2 million Americans seeking unemployment benefits.

Read more at:
https://uk.reuters.com/article/us-usa-economy/new-wave-of-u-s-layoffs-feared-as-coronavirus-pain-deepens-idUKKBN2340E6