World

Unemployment rate rises to 4.4 percent in US due to coronavirus outbreak

The American economy is being increasingly affected by the Coronavirus. The number of patients is increasing continuously here, more than 8 thousand people have died due to corona virus in America, while more than 3 lakh people are suffering.

The US economy has been badly affected by the coronavirus outbreak. Statistics show that in the last month ie March, American companies showed a large number of employees out.

Figures revealed in government report

According to figures released by the Department of Labor, 701,000 jobs in the US declined in March. The unemployment rate in the country rose to 4.4 percent. The department has admitted that the entire loss of Covid-19 has not been included in its statistical data.

It is estimated that people in America are becoming unemployed on a large scale and this figure will increase in April. The Trump administration has not declared a lockdown in the US in view of the economic losses.

Corona is growing rapidly in America

Significantly, the cases of Covid-19 are increasing all over the world. With this, the cities of America are deserted and the authorities are looking for ways to curb the damage to people and the economy. Meanwhile, US President Donald Trump has sought help from Prime Minister Narendra Modi and requested to provide hydroxychloroquine tablets.

Coronavirus cases are also increasing rapidly in India this week. The death toll is also increasing. However, compared to the US the situation is still under control and people are being advised to follow the lockdown. Because this is the only way to stop the virus from spreading.

Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button