Amid the ongoing situation of coronovirus outbreak, economies of the world are facing difficulty with businesses and loss of jobs. USA is no exception and has faced a serious issue of job loss in the month of March.

The United States witnessed the loss of 7,01,000 jobs in March raising the nation's unemployment rate by almost one per cent to 4.4 per cent due to the Corona virus pandemic, said the Labour Department in its monthly employment report on Friday.

According to the report, the unemployment rate increased by 0.9 percentage points in March.

The Labour Department report showed the worst-affected sector for employment in March was leisure and hospitality, specifically food services and drinking places, which accounted for about two-thirds of the job losses.