Covid hit US jobs much more than 2008 crisis
A new study finds service sector jobs, especially in the leisure and hospitality sectors, were hit harder now than in 2008
Unemployment in the United States has risen to historic highs in recent months due to covid-19. Businesses struggled to stay afloat due to social distancing rules, and livelihoods were lost, much like the 2008 financial crisis. But a new study finds that the current crisis has hit the US economy even harder.