Headline Roundup • April 16th, 2020
Labor Department Reports 5.2 Million New Unemployment Claims Last Week
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Wall Street Journal (News)
Another 5.2 million Americans filed for unemployment benefits last week, bringing the total seeking aid in a month of coronavirus-related shutdowns to 22 million and showing a broad shock for the U.S. labor market.
Total claims filed in the week ended April 11 were down from the 6.6 million filed the prior week, the Labor Department said Thursday. For the March 28 week, 6.9 million claims were filed, and 3.3 million the week before. Prior to the pandemic, the largest number of Americans to ask for unemployment benefits in a...
The number of workers claiming new unemployment benefits increased by 5.2 million last week, the Labor Department reported Thursday, as the coronavirus incited more layoffs.
Forecasters had expected that 5.46 million jobs would be lost the week ending April 11.
Over 21 million people have lost their job in the last four weeks, the jobless claims numbers show. Roughly 6.6 million were lost the week ending April 4 and 6.8 million jobs were lost the week ending March 28, according to the Labor Department. For the preceding week, 2.6 million...
Last week, 5.2 million people filed unemployment claims, bringing the total to 22 million in the four weeks since President Trump declared a national emergency.
More than 22 million Americans have filed for unemployment aid since President Trump declared a national emergency four weeks ago, a staggering loss of jobs that has wiped out a decade of job gains and pushed families to flood food banks as they await government help.
Last week, 5.2 million people filed unemployment insurance claims in the week ending April 11, the Labor Department reported...
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