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US jobless claims spike to a record 3.3 million as coronavirus triggers widespread unemployment

Business Insider Thursday, 26 March 2020 ()
US jobless claims spike to a record 3.3 million as coronavirus triggers widespread unemployment· A record number of people in the US filed claims for unemployment insurance last week amid the coronavirus pandemic.
· US weekly jobless claims for the week ending March 21 were 3,283,000, the Labor Department reported Thursday.
· Economists will be watching future reports to see how bad the situation in the US really is...
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Credit: Wibbitz Studio - Published
News video: US Weekly Jobless Claims Soar to Record-Breaking 3.28 Million

US Weekly Jobless Claims Soar to Record-Breaking 3.28 Million 01:07

US Weekly Jobless Claims Soar to Record-Breaking 3.28 Million The Labor Department released the shattering numbers on Thursday. Jobless claims had been as low as 282,000 the previous week. 3.28 million jobless claims for last week is more than double the 1.5 million new claims that analysts were...

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Tweets about this

Francesc_Forex

Francesc Riverola - FXStreet.com 🎗 Danske Bank 1/3: In the US, weekly #jobless claims are released. According to consensus among economists, the sad r… https://t.co/rfh62vYLCr 9 minutes ago

theminorchords

Dean Steitz Just so people know, the March unemployment report was taken from mid-March data so when it gets released, it won't… https://t.co/NRI39ckvFv 1 hour ago

rhiles2760

Rob#NotMyPresident RT @goodbye56789: But sure, as Trump put it, “we’re going to be fine” 😳: US jobless claims report preview: Economists see another record sp… 6 hours ago

goodbye56789

Democracy 4 All But sure, as Trump put it, “we’re going to be fine” 😳: US jobless claims report preview: Economists see another rec… https://t.co/5POmSnYubI 7 hours ago

Optimistic_750

GHANNAM RT @elerianm: A huge spike to 3.3 million for US #jobless claims, a multiple of the prior record number and indicative of the ferocity of t… 21 hours ago

Colgo

Paul Colgan RT @Scutty: Morgan Stanley expects last week's unprecedented claims spike will be made to look small this week. "We expect another record… 21 hours ago

Scutty

David Scutt Morgan Stanley expects last week's unprecedented claims spike will be made to look small this week. "We expect an… https://t.co/P4Cj0DcWYm 22 hours ago

EricksonRinar

Rinar Erickson RT @PeterMallouk: Jobless claims went from near the lowest on record in February, at 200,000, to the highest ever reported last week, at 3.… 1 day ago



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