Economy Lost 700,000 Jobs From Mid-February to Mid-March March, New Data Shows

Economy Lost 700,000 Jobs From Mid-February to Mid-March March, New Data Shows
A view of an empty restaurant is seen at Grand Central Station on in New York City on March 25, 2020. Angela Weiss/AFP via Getty Images
Petr Svab
Petr Svab
reporter
|Updated:

The American economy has lost more than 700,000 jobs in the first weeks of government efforts to slow the spread of the CCP virus. The hospitality industry was hit the hardest, but virtually no sector escaped the contraction, data released April 3 by the Bureau of Labor Statistics (BLS) shows.

One after another, governors across the country issued shutdown orders, closing bars, theaters, and all “non-essential” businesses.

Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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