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Leisure And Hospitality Industry Wipes Out Nearly 2 Years Of Jobs Gains In Single Month
The March jobs report painted a grim picture of America's economic future.
Despite the reference period not capturing the weeks during which state and local officials instituted more strict lockdown measures and ordered the mandatory closure of non-essential businesses, the report still showed the US economy shedding 701,000 jobs over the period.
It was the worst print since the crisis and the first negative month in nearly a decade.
Read more: Stunning Jobs Report Shows 701,000 Lost Jobs. An
