Global  

Economists Suspect Millions More Americans Have Filed For Unemployment

Video Credit: Wochit Business - Duration: 00:34s - Published
Economists Suspect Millions More Americans Have Filed For Unemployment

Economists Suspect Millions More Americans Have Filed For Unemployment

The US Labor Department will release the official jobs report for the week ending May 23rd, 2020, on Thursday.

But according to Business Insider, economists predict an additional 2.1 million Americans filed for unemployment insurance during that week.

Declining claims show the US is already beyond the peak of layoffs, furloughs, and terminations.

However, Deutsche Bank economist Justin Weidner said Americans can't necessarily count on things improving rapidly.


You Might Like

Related news from verified sources

Economists forecast another 2.5 million Americans filed for unemployment insurance last week

Economists forecast another 2.5 million Americans filed for unemployment insurance last week ยท The median economist forecast for jobless claims in the week ending May 9 is 2.5 million,...
Business Insider - Published Also reported by •CBS News


Viewpoint: CareFirst CEO says it's critical to get reopening right the first time

For many, the most troubling question of the moment is, when and how should businesses reopen during...
bizjournals - Published


Tweets about this


Related videos from verified sources

Polls Shows Trump's Trusted More With The Economy Than Biden [Video]

Polls Shows Trump's Trusted More With The Economy Than Biden

Polls show that people trust President Donald Trump more with economic issues than Joe Biden, who is running for president. According to the Reuters, more than 40 million Americans filed for..

Credit: Wochit     Duration: 00:32Published
US Consumer Spending Plunged by a Record 13.6 Percent in April [Video]

US Consumer Spending Plunged by a Record 13.6 Percent in April

US Consumer Spending Plunged by a Record 13.6 Percent in April Consumer spending data was released by the Bureau of Economic Analysis (BEA) on Friday. The record 13.6 percent plunge equates to a..

Credit: Wibbitz Top Stories     Duration: 00:58Published
Another 2.1M Americans file unemployment [Video]

Another 2.1M Americans file unemployment

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