With business vaporizing, Europe focuses on avoiding layoffs

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European Commission President Ursula von der Leyen speaks during a media conference, detailing EU efforts to limit the economic impact of the Covid-19 outbreak, at EU headquarters in Brussels, Thursday, April 2, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (Francois Lenoir, Pool Photo via AP)

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BRUSSELS (AP) — As both COVID-19 cases and unemployment rise across Europe, governments and the European Union are trying to cushion the violence of the economic shock with schemes to avoid layoffs. More than one million European citizens have lost their jobs over the past two weeks as the continent entered a lockdown phase, with schools shut down, businesses closing their offices and economies brought to a near standstill. That is still far less than the U.S., and highlights Europe’s focus on trying to avoid layoffs. On Thursday, the EU’s executive Commission unveiled a 100 billion-euro plan designed to help companies not to fire employees during the crisis.