Another 881,000 Americans filed for unemployment benefits last week as the economic shock from the coronavirus continued to reverberate through the job market with no additional federal rescue legislation in sight. The fresh job losses comes as the labor market sees tremendous turnover. Some e-commerce and delivery businesses are desperate for workers, while travel and tourism continue to feel the squeeze from the coronavirus. The apparent paradox is explained by the virus’s insidious effects on the workforce, drying up demand for some kinds of work, making workplaces newly risky, and knocking some out of the job hunt altogether. “There are still very high numbers of layoffs taking place,” partly as businesses plan for the typically slower, colder months ahead, said Julia Pollak, a labor economist at ZipRecruiter, an online employment marketplace. “They are realizing, ‘If this is what the summer is like, I’m not going to survive the fall and the winter,’” Pollak said. Coronavirus Coverage PoliticsBy Dustin GardinerCalifornia legislators wanted to fund $600 in extra jobless…Interactive Database: Bay Area Layoff TrackerBiz & TechBy Kathleen PenderHere’s who won’t be getting an extra $300 a week in…LocalBy Aidin Vaziri, Catherine Ho and Rita BeamishCoronavirus live updates: Bay Area sees highest number… Read full this story
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