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2M more Americans file new jobless claims, pushing coronavirus toll past 40M

Posted on AllSides May 28th, 2020

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From The Center

Economy and Jobs, jobless claims, unemployment benefits

Roughly 2.1 million more Americans filed new claims for jobless benefits as President Trump and governors push some states to loosen coronavirus-related restrictions, according to data released by the Labor Department on Thursday.

In the week ending May 23, a seasonally adjusted 2,123,000 Americans filed initial claims from unemployment benefits, falling from a revised total of 2,446,000 applications filed the week before.

The non-seasonally adjusted number of new jobless claims, which some economists deem a better gauge of the economic downturn caused by COVID-19, totaled 1,914,958 in the week...

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The Hill

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https://thehill.com/policy/finance/499876-more-than-2-million-americans-file-new-jobless-claims

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