Headline Roundup • May 14th, 2020
Nearly 3 Million Americans Filed for Unemployment Benefits Last Week
Summary from the AllSides News Team
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ABC News (Online)
A total of 2,981,000 more Americans filed for unemployment insurance last week, bringing the total number of jobless claims filed amid the coronavirus pandemic to more than 36 million, according to the Department of Labor.
Since late March, millions of Americans have lost their jobs as states shuttered their economies to stop the virus's spread. New unemployment filings peaked at a staggering 6.9 million in the week ending March 28. Weekly unemployment filings still remain in the millions even as the number of Americans filing has been slowly decreasing.
To...
Wall Street Journal (News)
Number seeking jobless aid has subsided since initial layoffs surge but is still at historically high levels
Nearly 3 million workers applied for unemployment benefits last week, bringing the total number of applications in two months of coronavirus-related disruptions to 36.5 million.
The number of Americans seeking jobless aid is still at historically high levels but has subsided since an initial surge in layoffs drove claims up to a weekly peak of nearly 7 million at the end of March.
“The numbers are very high, but they’re stepping down every...
CBN
WASHINGTON – Federal Reserve Chair Jerome Powell says the United States may face a prolonged economic downturn, and new unemployment numbers out Thursday morning seem to reinforce his prediction. The latest stats reveal nearly 3 million more Americans filed for jobless aid –coronavirus-related layoffs now reaching 36 million.
Americans are certainly feeling the pinch and pushing back against lockdown measures.
In Wisconsin, the state Supreme Court struck down the governor's stay-at-home order, ruling his administration overstepped its authority.
And around the country, a growing number of people and local officials...
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