Economists forecast an additional 2.4 million Americans filed for unemployment insurance last week
Wednesday, 20 May 2020 · The median economist estimate for jobless claims in the week ending May 16 is 2.4 million, according to Bloomberg data. The Labor Department will release the official report Thursday.
· While it would be another week of declining claims, the number of Americans filing for unemployment is still highly elevated.
The number of Americans claiming unemployment benefits rose again last week as backlogs in processing claims continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs, pointing to another month of staggering job losses in May.
New numbers show another 2.1 million Americans filed for unemployment benefits last week. More than 40 million Americans have filed for first-time unemployment benefits since the U.S. economy shut down..
Credit: KTNV Channel 13 Las Vegas Duration: 00:19Published
· The median economist forecast for jobless claims in the week ending May 9 is 2.5 million, according to Bloomberg data.
· If Thursday's report from the Labor... Business Insider Also reported by •HousingWire •Newsy