Third Week of Big U.S. Jobless Claims Sees 6.61 Million Filings

Posted on AllSides April 9th, 2020
From The Left
Economy and Jobs, jobless claims, unemployment benefits

Americans applied for unemployment benefits in massive numbers for a third straight week, bringing the total to about 16.8 million during the coronavirus pandemic’s economic shutdown.

A total of 6.61 million people filed jobless claims in the week ended April 4, according to Labor Department figures released Thursday, as more states ordered residents to stay home and overwhelmed unemployment offices continue to work through applications. The figure compared with a median forecast of 5.5 million, and the prior week’s upwardly revised 6.87 million.

As wide swaths of the economy shut...

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https://www.bloomberg.com/news/articles/2020-04-09/third-week-of-big-u-s-jobless-claims-sees-6-61-million-filings

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