In a sign people are starting to return to work, states’ jobless rolls shrank for the first time since the pandemic.
Unemployment filing numbers once again exceeded analyst estimates this week.
Joblessness now stands at the most since the Great Depression era of the 1930s.
Business is down 95% for some locals who rely on tourism: “I’m really afraid -- I can’t sleep.”
Almost all of the employment gains since the global financial crisis have been wiped out in the last month.
The escalation of coronavirus containment measures has taken a toll on a broad spectrum of businesses.
Factories were among the first in the U.S. to see the economic drag from the coronavirus.
Policy decisions will mean the difference between an energetic bounce-back and a recession that is long-lasting, economists say.
The companies hiring are seeing a boost in interest.
The pessimists remain in a minority, with most analysts continuing to forecast growth in the second quarter.
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