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Economists forecast an additional 2.4 million Americans filed for unemployment insurance last week

Business Insider Wednesday, 20 May 2020
Economists forecast an additional 2.4 million Americans filed for unemployment insurance last week· 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. 
· "We...
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Video Credit: Reuters Studio - Published
News video: Americans file 2.4 million jobless claims

Americans file 2.4 million jobless claims 00:50

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.

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