Weekly unemployment claims rise by 3.2M as states move to reopen

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3.2 million more Americans applied for unemployment last week, pushing total jobless claims for the last seven weeks to more than 33 million

The number of Americans losing jobs to the coronavirus pandemic continued last week to climb steeply, the Labor Department reported Thursday, with 3.2 million new unemployment claims filed.

prompting many economists to suggest that unemployment now stands higher than in most Americans' lifetimes.The Bureau of Labor Statistics on Friday will release its more precise estimate of the April unemployment rate as part of its monthly jobs report.that its own survey indicated 20.2 million private-sector jobs were lost last month, largely in the service-providing industries. But that number could well be too low, given that the report relies on data that runs only through April 12.

States have struggled to process the flood of new claims that began in mid-March, when non-essential workers were first ordered to stay home.have asked DOL for $36 billion in federal advances to cover the skyrocketing costs of the benefit payouts amid the pandemic, with Illinois topping the list with an $11 billion request.

More than two dozen states have started reopening their economies and reducing stay-at-home restrictions, as lawmakers in Washington debate whether to move forward with another round of coronavirus relief.

 

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Yeah that’s sort of what you know happens when governors close down business all over the country to quarantine healthy people. More affected than infected.

China needs held accountable.

So is trump claiming this achievement as he does when things are going well?

The 'virus' of Democrat Governors locking down the People 'pushing them to the brink' is taking it's toll now........

Here is Joe Biden's slogan- 'Trump killed 73,000 people and counting, JUST to get re-elected.' There is no other headline and no other explanation. This is what the media should focus on and Biden run on. Killed economy too.

The see us rollin’ they hatin’ Gonna catch us poor and hungry. chamillionaire

If only we had a competent President. Instead we have Trump. The worst President at the worst time.

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