2.4 Million Americans Filed for Jobless Claims Last Week
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From the Left
2.4 million Americans filed jobless claims last week, bringing nine-week total to 38.6 millionAmericans continue clamoring for aid as a fight has broken out in Washington about whether to renew expanded benefits past July
President Trump and top Republican lawmakers are mounting fresh opposition to extending enhanced unemployment benefits to the millions of Americans who are still out of work, even as the administration released new jobless figures Thursday showing 2.4 million Americans sought benefits last week.
The reluctance by the White House and top GOP leaders drew sharp rebukes from congressional Democrats, who argue the coronavirus outbreak threatens to further ravage the...
From the Right
2.4M claimed jobless benefits last week, bringing total to nearly 39M since mid-MarchThe number of jobless workers who applied for unemployment benefits last week was 2.4 million, the Labor Department reported Thursday.
Economists had projected 2.4 million new jobless claims.
The number of workers seeking aid remains historically high but has dropped considerably from the nearly 7 million claims that were filed the week ending March 28. Still, losing millions of jobs a week for weeks at a time was unheard of before the pandemic, and some economists expected that jobless claims would drop more precipitously. Ian Shepherdson, chief economist at Pantheon...
From the Left
Americans Again File by the Millions for Unemployment BenefitsMillions more Americans applied for unemployment benefits last week, indicating major job losses are continuing two months after the coronavirus pandemic started shuttering businesses.
Initial jobless claims for regular state programs totaled 2.44 million in the week ended May 16, Labor Department figures showed Thursday. The prior week’s figure was revised down by 294,000 to 2.69 million after a clerical error by Connecticut labor officials inflated the overall nationwide figure. The median estimate in a Bloomberg survey of economists called for 2.4 million claims in the latest week.
Initial claims...
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