>> Stimulus checks: Who gets money in Dayton region, and spending advice
Ohio officials have encouraged workers to file claims online at unemployment.ohio.gov.
The U.S. figure for last week is much higher than the previous record of 3.3 million reported for the previous week. The surging layoffs have led many economists to envision as many as 20 million lost jobs by the end of April. The unemployment rate could spike to as high as 15% this month, above the previous record of 10.8% set during a deep recession in 1982.
Many employers are slashing their payrolls to try to stay afloat because their revenue has collapsed, especially at restaurants, hotels, gyms, movie theaters and other venues that depend on face-to-face interaction. Auto sales have sunk, and factories have closed.
>> Homeless for years, Dayton ‘angel’ aids the underserved: ‘I felt like they really needed me’
Stay-at-home orders, imposed by most U.S. states, have intensified pressure on businesses, most of which face rent, loans and other bills that must be paid.