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6.6 Million: Retail Furloughs Jack Up Jobless Claims

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

The number of first-timer filers for unemployment benefits in the U.S. shot up to 6.6 million, and that’s on top of the then-record 3.3 million filings last week. The latest report from the U.S. Labor Department brings the total to 10 million for the past two weeks alone, signaling the terrible toll the coronavirus pandemic…

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