"For Sale By Owner" and "Closed Due to Virus" signs are displayed in the window of Images On Mack in Grosse Pointe Woods, Mich., Thursday, April 2, 2020. The coronavirus outbreak has triggered a stunning collapse in the U.S. workforce with 10 million people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world. (AP Photo/Paul Sancya) (Paul Sancya, Copyright 2020 The Associated Press. All rights reserved)
WASHINGTON – With a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark: Roughly one in 10 workers have lost their jobs in just the past three weeks.
The figures collectively constitute the largest and fastest string of job losses in records dating to 1948.
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They paint a picture of a job market that is quickly unraveling as businesses have shut down across the country because of the coronavirus outbreak.
More than 20 million Americans may lose jobs this month.
