'Devastated': As Layoffs Keep Coming, Hopes Fade That Jobs Will Return Quickly
"What we're seeing now is that lots more people who are unemployed are going to be unemployed for a longer period of time," economist Nick Bunker says.
From airlines to paper mills, the job news is grim, and there are growing signs it won't be getting better anytime soon.
United Airlines is warning that it may have to furlough as many as 36,000 employees this fall. Demand for air travel has collapsed as a result of the coronavirus pandemic.
The president of the flight attendants union called the warning a "gut punch" but also "the most honest assessment we've seen on
