US job losses soar at largest pace since 2009 amid coronavirus pandemic

2020-04-03 13:15:37 GMT (Economies.com)
US job losses soar at largest pace since 2009 amid coronavirus pandemic

At 12:30 GMT, the US economy released its reading for the non-farm employment change index, as the economy has lost 700K jobs in March, the largest losses since the 2009 financial crisis, due to the coronavirus impact, much higher than forecasts of losing 100K jobs, while the previous reading was revised to the addition of 275K from 273K. This data is considered negative for the US dollar.

 
 
 
  Symbol Last Change Chg.%
1.1235
0.0116
1.0392%
1.2578
0.0164
1.3227%
Tadawul
7222.41
-62.82
0.86%
17.648
-0.431
2.387%
36.855
2.368
6.866%
39.79
0.22
0.56%
1699.055
-33.630
1.941%
 
 
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