Almost 10 million Americans have filed for unemployment benefits in the last two weeks, including a record 6.65 million people in the week ended March 28, according to figures released by the U.S. Department of Labor, as the coronavirus pandemic continues to rock employment numbers nationwide.
In the week prior, 3.3 million filed and all states reported increases in initial claims for the week ending March 21, with the largest increases in Pennsylvania, Ohio, Massachusetts, Texas and California. The smallest increases were in the Virgin Islands, South Dakota, West Virginia, Vermont and Wyoming.
The retail industry has been bearing the brunt of layoffs and furloughs as stores are forced to close across the country. While some retailers are hiring associates by the thousands as demand skyrockets, many are being forced to limit staff. Below, RIS takes a look at the latest retailers cutting back on associates and salaries in light of Covid-19.