According to the CNBC, published on April 9, the US Department of Labor recently reported that in the last week alone, the number of Americans who lost their jobs has increased by more than 6, 6 million more. Over the last three weeks, unemployed people have applied for insurance packages from the US government totaling 16.8 million.
It is the second-largest U.S. history since 1967 that Americans have been unemployed. The number of Americans who lost their jobs was due to the outbreak of the Kovi-19 epidemic. The United States is currently the worst affected by the disease, with a total of 468,799 infections and 16,697 deaths.
The US Federal Reserve has allocated $ 2.2 billion to help people face unemployment and a $ 500 billion package for loans to small businesses affected by the COVID-19 .