Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen.
Another 3.2 million Americans filed for unemployment benefits last week, pushing the total number of jobs lost amid widespread lockdowns to more than 33 million.
The Labor Department's weekly jobless claims report on Thursday suggested layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen.
The numbers foreshadow a brutal April jobs report set to be released on Friday.
It's expected to show a staggering jump in unemployment to 16%, which would shatter the post-World War Two record of 10.8% touched in November 1982.
The number of Americans seeking unemployment benefits dropped below one million last week for the first time since the start of the COVID-19 pandemic in the United States, likely as the expiration of a $600 weekly jobless supplement discouraged some from filing claims. This report produced by Yahaira Jacquez.
A 97-year-old former radar operative has said the heroes of the Battle ofBritain deserve to be celebrated “whatever your politics are”. Kath McLeodjoined the Women’s Auxiliary Air Force (WAAF) in 1942, after the battle’sconclusion, but continued to carry out a role that saved many lives.
Credit: PA - Press Association STUDIO Duration: 01:03Published
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