U.S. sheds 701K jobs, ending a record-long hiring streak

UNITED STATES employers cut 701,000 jobs because of COVID-19 in March.. / AP FILE PHOTO/PAUL SANCYA
UNITED STATES employers cut 701,000 jobs because of COVID-19 in March.. / AP FILE PHOTO/PAUL SANCYA
WASHINGTON (AP) – A record-long streak of United States job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs because of the viral outbreak that's all but shut down the U.S. economy. The unemployment rate jumped to 4.4% from a 50-year low of 3.5%. Last month's actual job loss was…

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