New US weekly jobless claims double to 6.6 million

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New US weekly jobless claims double to 6.6 million

Postby Ready1 on Thu Apr 02, 2020 9:21 am

US weekly jobless claims surge to 6.6 million for week ending March 28

The torrent of Americans filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday. That brings to 10 million the total Americans who filed over the past two weeks.

Economists surveyed by Dow Jones had expected 3.1 million for last week, one week after 3.3 million filings in the first wave of what has been a record-shattering swelling of the jobless ranks. The previous week’s total was revised higher by 24,000.
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