Unemployment Soars, Hospitality Industry Decimated

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In this March 24, 2020, photo, Keisha Henry, right, and her business partner Erica Norwood pose for a portrait inside their lounge and catering business in New Orleans. Henry said she lost about $10,000 in revenue last week after three big functions she was slated to cater ended up canceling. Meanwhile, she still has expenses related to launching a bar and lounge six months ago. Henry said she regrettably had to lay off several employees. (AP Photo/Gerald Herbert)
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In this March 24, 2020, photo, Keisha Henry, right, and her business partner Erica Norwood pose for a portrait inside their lounge and catering business in New Orleans. Henry said she lost about $10,000 in revenue last week after three big functions she was slated to cater ended up canceling. Meanwhile, she still has expenses related to launching a bar and lounge six months ago. Henry said she regrettably had to lay off several employees. (AP Photo/Gerald Herbert)

President Trump loved to tout a good economy. Coronavirus has taken a huge toll on the US economy. 6.6 million filed for unemployment last week, the highest number in US history by surpassing the previous week.

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