U.s. Labor Market Recovery Stalling; Second Wave Of Layoffs Underway

Reuters: Business News, Reuters: Business
Thu, 06/18/2020 - 7:27am

The number of Americans filing for unemployment benefits fell last week, but the pace of decline appears to have stalled amid a second wave of layoffs as companies battle weak demand and fractured supply chains, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession.

Topics: americans covid-19 recovery wave of layoffs

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U.s. Labor Market Recovery Stalling; Second Wave Of Layoffs Underway

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