NewsCoronavirus

Actions

US sheds 701,000 jobs in face of virus, ending record-long hiring streak

US sheds 701,000 jobs, ending a record-long hiring streak
Posted
and last updated

WASHINGTON (AP) — A record-long streak of U.S. job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs because of the coronavirus outbreak that’s all but shut down the U.S. economy.

The unemployment rate jumped to 4.4% from a 50-year low of 3.5%.

Last month’s actual job loss was likely even larger because the government surveyed employers before the heaviest layoffs hit in the past two weeks.

Nearly 10 million Americans applied for unemployment benefits in the last two weeks of March, far exceeding the figure for any corresponding period on record.

This story is breaking and will be updated.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Friday

12/12/2025

Mostly Clear

-° / 44°

6%

Saturday

12/13/2025

Partly Cloudy

61° / 45°

9%

Sunday

12/14/2025

Mostly Clear

60° / 44°

5%

Monday

12/15/2025

Partly Cloudy

56° / 44°

6%

Tuesday

12/16/2025

Partly Cloudy

54° / 46°

5%

Wednesday

12/17/2025

Mostly Cloudy

57° / 49°

12%

Thursday

12/18/2025

Partly Cloudy

58° / 47°

8%

Friday

12/19/2025

Partly Cloudy

59° / 47°

12%