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Author Topic: 33 Million Americans Lost Their Jobs Due to Covid-19 Lockdowns..........  (Read 194 times)

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Offline RomanCatholic1953

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33 Million Americans Lost Their Jobs Due to Covid-19 Lockdowns..........
« on: May 09, 2020, 10:38:47 AM »
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    • 33 Million Americans Lost Their Jobs Due to Covid-19 Lockdowns Over Past Seven Weeks
    Published: May 7, 2020





    Source: yahoo.com

    Market participants got another pulse check on the U.S. labor market Thursday, as the world continues to grapple with the COVID-19 pandemic and ahead of the highly-anticipated April jobs report.
    Another 3.169 million Americans filed for unemployment benefits in the week ending May 2, exceeding economists expectations for 3 million initial jobless claims. The prior week’s figure was revised higher to 3.846 million from the previously reported 3.839 million. So far over the past seven weeks, more than 33 million Americans have filed unemployment insurance claims.

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    Offline Tradman

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    Re: 33 Million Americans Lost Their Jobs Due to Covid-19 Lockdowns..........
    « Reply #1 on: May 09, 2020, 03:15:06 PM »
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    • This chart only includes those who applied for unemployment during the crisis.  I've seen numbers as high as 50 million unemployed that include those who didn't apply yet or were previous recipients not included in the current requests.  Either way, the magnitude of the numbers is horrible.  
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