See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

4.4 million Americans sought jobless benefits last week, as economic pain continued across the United States

Posted on AllSides April 23rd, 2020
From The Left
Economy and Jobs, coronavirus, jobless claims, unemployment benefits

More than 4.4 million Americans filed for unemployment benefits last week, according to the Labor Department, a signal that the tidal wave of job losses continues to grow during the coronavirus pandemic.

It’s the fifth-straight week that job losses were measured in the millions. From March 15 to April 18, 26.5 million have likely been laid off or furloughed. Jobless figures on this scale haven’t been seen since the Great Depression. The amount of jobs lost in that brief span effectively erased all the jobs created following the 2008 financial...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.washingtonpost.com/business/2020/04/23/economy-coronavirus-unemployment/

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right