U.S. layoffs surged to record high of 11.4 million in March

WASHINGTON (AP) — U.S. layoffs soared in March to a record 11.4 million after state and local governments closed restaurants, bars, movie theaters and other nonessential businesses in response to the intensifying viral outbreak. The Labor Department said Friday that job openings plunged, and hiring also fell sharply, though those changes weren’t nearly as dramatic […]