Some 3.8 million American workers who just lost their jobs applied last week for unemployment benefits, bringing a record number of layoffs during the coronavirus crisis to about 30 million in a month and a half. The weekly pace of layoffs has slowed since peaking at 6.9 million at the end of March, but millions more are still expected to apply in the next several weeks. And many are still waiting for states to process and approve their claims. {image} The unprecedented surge in layoffs as business shutdown to combat the coronavirus pandemic has pushed the unemployment rate to the highest levels since the Great ... (full story)