Coronavirus' economic toll: Jobless claims soar to record high amid shutdowns

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States hit particularly hard by coronavirus also reported some of the highest number of unemployment claims. In California, where more than 2,100 people have tested positive for the virus, there were 186,809 new claims last week.

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and deaths topping 1,000 — and rising — most health experts consider that unlikely.

Treasury Secretary Steven Mnuchin, however, dismissed the figure entirely, telling CNBC in a phone interview that the number of claims “right now are not relevant.” The largest chunk of new unemployment claims came from Pennsylvania, which saw an estimated 378,908 claims last week. Ohio and Texas reported an estimated 187,784 and 155,657, respectively.

llinois — which has seen 1,865 cases of Covid-19, the disease caused by the novel coronavirus — reported 114,663 new unemployment claims.

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