By each measure, the job market is getting grim.

With many non-essential companies compelled to shut, staff throughout the nation are out of the blue going through prolonged furloughs or lay-offs. The unemployment price jumped to 4.4%  from 3.5%  its highest stage since August 2017, and it'll probably climb a lot increased.

"There is not any avoiding a considerable rise within the unemployment price, probably eclipsing the 10% stage throughout the Nice Recession," mentioned Mark Hamrick, a senior financial analyst at Bankrate.com.

"The true, unanswerable query at this level is what number of of those jobs come again after social distancing tips are relaxed and companies reopen," he added. "We hope for one of the best however brace for the worst."

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Working from house might be right here to remain

But, amid the coronavirus pandemic, there's a demand for folks on the frontlines, notably in well being and