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(The Center Square) – The oil and gas industry lost 26,300 jobs in April, the largest drop of industry jobs in a single month, according to job data dating to 1990.
(The Center Square) – After $3 trillion in federal stimulus money went to individuals, corporations, hospitals and numerous industries, the Class 1 freight industry has maintained its transportation operations and provided critical resources nationwide without asking for, or receiving, federal taxpayer money.
The coronavirus pandemic has cost a record number of Americans their jobs as much of the economy shut down in mid-March. Even as some states start to reopen, many businesses will remain closed or operate in a reduced capacity, meaning millions of workers will remain unemployed.