US layoffs climb to 41 million, despite business reopenings

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https://indianexpress.com/article/world/us-layoffs-climb-to-41-million-despite-business-reopenings-6432002/

An estimated 2.1 million Americans applied for unemployment benefits last week despite the gradual reopening of businesses around the country, bringing the running total since the coronavirusshutdowns took hold in mid-March to about 41 million, the government said Thursday.

The Labour Department report included a positive sign: The number of people now receiving benefits fell for the first time since the outbreak intensified in mid-March, from 25 million to 21 million. That suggests companies are starting to rehire and could mean that total job losses will peak in May.