Total US unemployment shrinks for the first time since coronavirus layoffs began in March
Thursday, 28 May 2020 · Roughly 21.1 million Americans claimed unemployment insurance in the week ending May 16, a decline from the previous week's record of roughly 25 million, according to Thursday's report from the Labor Department.
· It's the first time that continuing claims, reflecting those receiving unemployment benefits, have declined...
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 for the pandemic.