3.8 Million Americans Filed Jobless Claims Last Week
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From the Right
Jobless Claims Fall to 3.84 Million
New claims for unemployment benefits fell to 3.84 million in the week ended April 25, data from the Department of Labor showed Thursday.
That brings new unemployment claims, a proxy for layoffs, over the past six weeks to around 30 million. Continuing claims, those filed after the initial week of benefits, rose to just under 18 million.
Economists had expected around 3.5 million new claims.
Claims hit a record 6.87 million for the week of March 28. Each subsequent week has seen claims decline. Last week’s initially reported figure was...
From the Left
30 million Americans have lost their jobs in 6 weeks
More than 3.8 million people filed initial unemployment insurance claims during the week ending April 25, according to data released by the Department of Labor on Thursday morning. That brings the total number of people applying for benefits over the previous six weeks to more than 30 million.
It’s a staggering number of people who have filed for unemployment since the coronavirus pandemic triggered nationwide shutdowns and a severe economic downturn weeks ago. In late March, the Labor Department registered 3.3 million jobless claims in a single week, shattering previous...
From the Center
Over 3.8 Million Americans Filed for Jobless Benefits Last Week as States Struggle With Coronavirus Claims Surge
Connecticut was more than halfway through a multiyear modernization of its unemployment insurance system in mid-March when the coronavirus pandemic triggered a surge in claims and the state website that accepts applications froze.
Labor department personnel worked all night trying to figure out what had gone wrong and realized the website could only handle up to 8,300 applications in a single day, a fraction of what residents were now trying to submit. After fixing that problem, they tried to figure out what might break next, said Danté Bartolomeo, deputy commissioner...
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