More than 2.4 million people applied for U.S. unemployment benefits last week in the latest wave of layoffs from the viral outbreak that triggered widespread business shutdowns two months ago and sent the economy into a deep recession.

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Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforce, the Labor Department said today.

CPA and economic development consultant Marty Cantor discussed the latest unemployment numbers and answered viewers' questions about unemployment, money, and the Payroll Protection Program.