Unemployment claims in the U.S. surged to record numbers last week as the coronavirus pandemic led to massive layoffs.
The Labor Department says a record 3.2 million claims were filed last week – more than quadrupling the previous one-week record of 695,000 set in 1982.
The coronavirus-related economic crash has ended one of the longest employment booms in U.S. history. More job losses are expected as coronavirus-related lockdowns continue.