Another 4,427,000 unemployment claims were filed in the week ending on April 18, the Labor Department reported on Thursday.
Total unemployment claims in the U.S. amid the COVID-19 pandemic have now reached more than 26 million over the past five weeks.
The latest unemployment claims numbers likely mean the nation’s unemployment rate is near 20 percent, according to Washington Post economics correspondent Heather Long.
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Not clear on something:
Is this NEW jobless claims or overall jobless claims?
I think I’m missing out here. I thought there were far more unemployed as a result of the shutdown than 4 million +/-
Cue the “Democrats and their job killing hoaxes…”
These appear to be NEW claims…
Ok - that’s the part I was missing - can the headline be updated to include the word new? That makes it a little clearer.
And maybe include what the total is with these new claims, if that’s available?
Ouch!
tRump: Best economy eveh, the likes of which we’ve never seen. Believe Me.