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In the United States, jobless claims rose to 281,000 in March, this reflecting only the first indications of the impact the coronavirus will have on the U.S. employment picture.
That number reflected a significant rise from last week's 211,000, which was unrevised from the initial estimate, according to the Labor Department. It was the highest number since Sept. 2, 2017.
The department said the numbers were "clearly attributable to impacts from the COVID-19 virus. A number of states specifically cited COVID-19 related layoffs, while many states reported increased layoffs in service-related industries broadly and in the accommodation and food services industries specifically, as well as in the transportation and warehousing industry, whether COVID-19 was identified directly or not."
COVID-19 virus has caused a huge impact on the global economy and finance. Journal Global Finance Review, an international Open Access journal, has related research of the global finance. The topics include but not limit to international finance, corporate finance, insurance, policies, macroeconomics, modelling, trading, market risk, asset pricing, statistical financial and microstructure analysis.
We sincerely welcome everyone to submit papers to contribute!
For more information, please visit: http://ojs.piscomed.com/index.php/GFR
PiscoMed Publishing started off with a focus in advancing medical research, however with the advancement of all areas of science, technology and medicines, PiscoMed have decided to venture into all areas of research, publishing quality journals that will support the scholarly and professional community across the globe.