The Associated Press reports that many employers are slashing their payrolls to try to stay afloat, and that businesses in the service industry and other venues that depend on face-to-face interaction have been hit particularly hard.
Last month, Up North News reported that the impact on employment at the local level has been significant with many heavy job losses experienced in Racine County which has a history of outpacing the state’s unemployment rate.
The outlet writes that the country’s unemployment rate peaked at 12 percent in 2010 after the Great Recession. Numbers that exceed that wouldn’t come as a shock during the COVID-19 pandemic.
“It’s pretty safe to say that whenever the next unemployment numbers come out, they’re not going to be good,” said Mark Schaaf, the county’s communications director.
Read more about the growing number of unemployment cases in Racine here.