What is the total job loss in the US since March?

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The US Economy Has Lost 22 Million Jobs Since Mid-March

The United States economy has experienced a significant job purge, with 22 million jobs eliminated since the middle of March. In the week ending April 11, an additional 5.2 million American workers filed for unemployment benefits, a stark contrast to the 203,000 claims filed during the same week last year. These figures reflect the widespread impact of containment measures for the coronavirus pandemic, which have led to numerous business closures.
Cumulative Job Losses Since Mid-March

Since mid-March, the US labour market has seen 22 million jobs disappear. This substantial loss is a direct consequence of the measures implemented to curb the spread of the coronavirus, forcing businesses across various sectors to cease operations.
Latest Weekly Unemployment Claims

Last week's report indicated that 5.2 million US workers sought unemployment benefits. While this number represents a decrease from the preceding week, it remains exceptionally high compared to historical data, underscoring the severity of the economic downturn.
Comparison to the Previous Year

The scale of job losses is further highlighted by comparing current figures to the same period in the previous year. In the comparable week of last year, only 203,000 individuals filed initial claims for jobless benefits, demonstrating a dramatic escalation in unemployment this year.
Sectors Most Affected by Layoffs

Widespread layoffs have been reported across multiple industries. Hotels, food service, retail, construction, and even mining sectors have cited COVID-19 as the reason for rising unemployment, indicating a broad-based impact on the workforce.

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What is the total job loss in the US since March?

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