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NY restaurants, hotels warn of mass layoffs as US sees record jobless claims

Americans filed a record number of unemployment claims last week, and in New York state, restaurants and hotel owners said Thursday they would be laying off thousands of workers. The 3.3 million jobless claims bulldozed the prior record from 1982, according to data from the U.S. Department of Labor. For the real estate industry, the jobless claims mean that companies forced to close because of the coronavirus have had to lay off scores of workers.

The Real Deal New York

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