Unemployment claims soared to 3.3 million last week, most in history

Economy, Initial Claims For Unemployment Benefits Soared To 3.3 Million Last Week, Most İn History - Cnn

The US posts 3.3 million initial unemployment insurance claims as coronavirus forces a record number of Americans to seek help

Economy, Initial Claims For Unemployment Benefits Soared To 3.3 Million Last Week

3/26/2020

The US posts 3.3 million initial unemployment insurance claims as coronavirus forces a record number of Americans to seek help

3.3 million Americans filed for their first week of unemployment benefits last week, as businesses shut down to slow the spread of the coronavirus. That is the highest number of initial claims in history.

New York (CNN Business)A record number of Americans filed for their first week of unemployment benefits last week, as businesses shut down to slow the spread of the coronavirus. Initial jobless claims soared to a seasonally adjusted 3.28 million in the week ended March 21, according to the Department of Labor. That is the highest number of initial jobless claims in history, since the Department of Labor started tracking the data in 1967. The previous high was 695,000 claims filed in the week ending October 2, 1982. Last week's jump marked a massive increase from a revised 282,000 claims in the prior week. Prior to the pandemic, initial claims had been hovering in the low 200,000s each week, reflecting a strong job market.But in the last couple weeks, the coronavirus outbreak has forced many businesses to suddenly shut down as the country tries to slow the spreading virus. For many businesses that also means laying off workers, at least temporarily.Read MoreThat is the key difference between the coronavirus shock compared with past periods of economic distress: it is sudden and impacts virtually every industry and business model around. Economists now expect the US economy to fall into a recession in the second quarter, before staging a comeback later in the year after the spread of the virus slows.Meanwhile, state labor departments across the country are have struggled to deal with the sudden influx in claims for unemployment benefits. The New York Labor Department, for example, has added server capacity and hired more than 65 additional staff to handle all the claims that are suddenly pouring in. And last week, Florida's Department of Economic Opportunity said it planned to hire 100 extra staff to help answer calls and walk people through the application process.This is a developing story. It will be updated. Read more: CNN Breaking News

The recession is coming like a title wave Is CNN jealous because more people are unemployed now than watch CNN? In the 4Q 2013 in Obama's second term there were 10 million unemployed. Comparison please. Stop trying to make Trump look bad because you dont like him. Its getting old. Hmm Democrats dancing in the streets with joy as people die

FearMongering Have you ever heard CNN asking for bringing back factories from China to USA? I think we need those jobs more than ever. We are the news now Venezuela's king pin Seal team ops coming soon? Three weeks ago unemployment was at a record low in the stock market was at a brand new record high. Thank God Trump had the economy in great shape so that we do not completely fall apart in fact the last three days the stocks have made the biggest gains in 90 years for three day

If you read this and think anything other than “wow, our testing is getting better” than you don’t understand what’s happening COVID19 I blame President realDonaldTrump 1) Lying about the severity of the virus. 2) Not being prepared when they were already warned.!! You, sir, have a lot of blood on your hands!

3.3 Million File For Unemployment Claims, Shattering The RecordA record 3.3 million Americans filed for unemployment benefits for the first time last week — a number far above the levels seen during the depths of the Great Recession. Jesus. That’s terrible. Enjoy your 'Funding' from Democrats - soon you will be entirely DEFUNDED by the TRUE American Patriots. Enjoy it while it lasts, NPR! It’s more than that and everyone knows it.

But Trump will blame that on Hillary not Covid,he can't even talk properly these days, I think he's having a breakdown personally 😳 When America opens up for business. It will be the greatest drop of unemployment ever! MAGA! It’s much higher. I haven’t been able to get in and apply. Only going to rise CNN has become a fear more mongering and useless propaganda machine. Let’s move on-

Brought to you by All for 1000 deaths? The other side of this is going to dwarf these deaths and people’s lives and businesses are ruined $82 Billion has been raised up to $102 Billion. Check back daily for updates. We are witnessing Trump’s Caligula moment.

Associated Press NewsBREAKING: US unemployment claims soar to 3.3 million -- quadrupling record from 1982 -- as layoffs from coronavirus engulf economy. Go to for more. President Snowflake is gonna lose his shit. Expect a 10 tweet rage over this. dont worry its only for this week maybe itll get better next week The surge in jobless claims is a stunning reflection of the damage the viral outbreak is doing to the economy. The pace of layoffs is sure to accelerate.

Is the CCP going to compensating us all (the world) on this terrible outbreak putting the world on shutdown because of their poor job containing it? China deserves to pay America back for damages for the failure to contain this we. It 1st struck By the way CNN. The average n95 mask cost 3to 5 dollars each long before the virus

Roman Empire 2.0 How will you process all those Claims. Now I’m sure this is something the president could do with his kids New test being supplied by Henry Schein in USA. Can test if patient HAD virus and may be able to un-quarantine and go back to work. Called GameChanger in UK. Too bad congress and people ignored Trumps pleas to close the borders. Now death count is rising due to inaction because of hate of Trump. Now is the next best time to rally behind President to save lives.

Henry Schein Company News The GO-BACK-TO-WORK diagnostic test?! quick, point of care (on-site, No lab needed) Out March 30 GameChanger VP CDCgov POTUS DonaldJTrumpJr realDonaldTrump RealJamesWoods I really really hope we can put someone capable of understanding and handling this crisis now! The costs of the bungled response are just piling up both epidemiologically (as cases) and economically (as claims).

Initial jobless claims surged to record 3.3M last week as coronavirus takes heavy toll on economyUnemployment benefit applications surged to a record 3.3 million last week, vivid evidence of the coronavirus’s damage to the economy MZHemingway bdomenech Layoff figures are just a measure of social isolation policies. Media: “We have to shut down the economy for months, no matter how much it costs or what it does to Americans.” Also the media: “Wow! Those jobless claim numbers are really high!”

Liberals are loving this a little too much. These people ruined the democrat party. They are not mentally stable. 33YouSee 3.3M danm thankyoudonaldchump This country is getting exposed for what it really is. Congrats realDonaldTrump You built your wall. Its didnt cost money, it cost jobs. COVID2019 UnemploymentNumber TrumpVirus

Follow me so we can talk about the World. Hmmm u i look

More Than 3 Million in U.S. Filed for Unemployment Last Week: Live UpdatesBreaking News: More than 3 million U.S. workers filed unemployment claims last week, a record high, revealing the staggering extent of the coronavirus’s economic toll Thank you, Chinese Communist Party. 🤯 Trump likes to brag about numbers being the highest under his watch, here’s a new number 3.3 million Americans filed for unemployment, highest ever. Trump will only play the blame game. Guessing he will start with China!! Put them to work making masks and PPE for our doctors and nurses. realDonaldTrump IngrahamAngle MASKSHORTAGE

A ray of sunshine during the Coronavirus crisis... hula teacher and her students practicing social distancing. StayAtHomeChallenge SocialDistanacing StaySafe hula It won’t even let me file I’ve been out of work for a week now Ironically that is 1% of the population that could die from the corona in the USA alone .. statistically.. I mean we looking at like 5 percent tho.

Hope your going to keep records on the number of deaths/suicides, peoples financial & economic ruin (Depression), poverty, starvations, etc... as these claims and future claims increase and time goes on versus the virus induced illnesses and deaths for comparison. Holy shit. Depression is looming large...

I like all the mush brains who are blaming Trump for this while at the same time crying about him wanting healthy people to go back to work. Really is something. We can expect another market nose dive today. OMG did you really not expect these high numbers? I cannot watch your channel anymore. Your political bias is so obvious that I just cannot watch it. Your people could find a way to blame DJT for anything from Covid19 to stubbing your toe.

What is unemployment up around the world? CNN why not report this?

US jobless claims hit 3.3 million, quadruple previous recordIn today's AP Morning Wire: U.S. coronavirus deaths pass 1,000 mark; globally 21,000. Senate unanimously passes rescue package for Americans. Medical workers are at breaking point. New Zealand mosque gunman pleads guilty. SUBSCRIBE: scum. They are cooking books like tge illegal gamblers they are!

refuses to tell the American people the truth about how JoeBiden failed to warn Congress & protect our country. JoeBiden knew in 2009 when the H1N1 hit that we were underprepared for a pandemic. If he had we would have all the equipment we need now. Stock market futures are actually rallying.........I guess they were expecting a larger number.

With 3.3 million applying for unemployment in one week, $1200 plus unemployment benefits will not be enough. What about the ppl who started back to work in 2019 after being unemployed? As of now you get nothing from unemployment. What do you do? Trump: “Congratulations America” Thanks, Donald. Meanwhile Trump

Unemployment claims soared to 3.3 million last week. That is the highest number of initial jobless claims in history, since the Department of Labor started tracking the data in 1967.

What to do if you can't get on your state's unemployment websiteMore than 280,000 Americans filed for unemployment benefits last week—a 33 percent spike from the previous week.



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