close_game
close_game

US employers laid-off 7.7 million workers in April

Baltimore | ByAssociated Press | Posted by Niyati Singh
Jun 09, 2020 08:36 PM IST

The grim April — which followed an bleaker March with 11.5 million layoffs — suggests that the economy could take time to recover nearly a decade’s worth of gains that vanished in two months.

US employers laid-off 7.7 million workers in April — a sign of how deep the economic hole is as offices, restaurants, stores and schools are re-opening after being shuttered because of the coronavirus.

A man looks at signs of a closed store due to Covid-19 in US.(AP file photo)
A man looks at signs of a closed store due to Covid-19 in US.(AP file photo)

The Labor Department also said in a Tuesday report that job openings plummeted and hiring all but disappeared in April. The number of available jobs fell 16% from March to 5 million. Hires declined 31% to 3.5 million.

The grim April — which followed an bleaker March with 11.5 million layoffs — suggests that the economy could take time to recover nearly a decade’s worth of gains that vanished in two months.

Hiring did rebound in May as 2.5 million jobs were added on net, the government said Friday. But those gains appeared to reflect temporarily laid-off employees returning to work and increases in people with part-time jobs, rather than an economy at full throttle.

Read breaking news, latest updates from US, UK, Pakistan and other countries across the world on topics related to politics,crime, and national affairs. along with Operation Sindoor Live Updates
Read breaking news, latest updates from US, UK, Pakistan and other countries across the world on topics related to politics,crime, and national affairs. along with Operation Sindoor Live Updates
SHARE THIS ARTICLE ON
SHARE
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Sunday, May 18, 2025
Follow Us On