How the coronavirus could cause job losses across the US economy - Business Insider

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Hotels and airlines are just the beginning — here's how the coronavirus recession could cause job losses across the US economy

"There is a real danger that the economic crisis that comes out of this health crisis is worse than what we experienced in 2008," Jason Furman, formerly a top economist for the Obama administration,"There is a complete shutdown of economic activity across the entire planet ... of a type we've never seen before."

Many major companies, once titans of industry, are now in dire financial straits and laying off workers. And more are pleading for a bailout from the federal government.a colossal $2 trillion federal rescue package

 

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Jojo said she is busy with cooking in the closed school bc she needs to provide free lunch for the students coming from the lower salary families . I am happy for jojo to keep her job bc as a new immigrant from China she doesn’t understand English although I feel it’s not a good

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