More than 40 million Americans have filed for first-time unemployment benefits since the coronavirus pandemic forced the US economy to shut down in March. One in four American workers has filed for unemployment insurance.
Another 2.1 million people filed initial jobless claims last week on a seasonally adjusted basis, the Department of Labor reported Thursday morning.
It was the tenth-straight week in which claims were in the millions. America had never recorded a single week of 1 million jobless claims prior to the coronavirus crisis.
#Economy #CNN #News