US jobless claims rise by 5.2 million

US jobless claims rise by 5.2 million

5.245 million more Americans have filed first-time claims for unemployment insurance last week, the Labor Department reported Thursday. This brings the total job loss in the last few weeks to just over 22 million. The most recent count, for the week ended April 11, represents a drop from the previous two weeks. Last week’s initially reported total of 6.606 million was revised up to 6.615 million.

KCooper
KCooper
IvoryDove
IvoryDove 1 months

China is responsible for this. We should notify them that all debts are cleared.

Politicians are Hacks
Politicians are Hacks 1 months

It's interesting because there are people that want to go back to work despite the virus, but the government is still not allowing them to. Who are they really trying to benefit?

Daniel McEwen
Daniel McEwen 1 months

Despite being an essential worker, on the front lines (lots of customers appreciate it and even cops, EMTs, fire fighters, military and people in medical field agree) but I make minimum wage. I get that companies can't afford to just up wages, though it's not necessarily a bad idea for the duration. What happens if I get sick? I'm not full time which means I don't have medical insurance through my job. Was also working as a substitute teacher but that's obviously not happening now. Even so, I'd rather have this part-time job (though I usually get full-time hours until they drop me down one week to prevent me getting it) than sit at home with nothing to do and state-mandated to not be able to see my friends. No, sorry, but people need social contact and this shutdown and massive unemployment is hurting the MENTAL HEALTH of a lot of people.

Rational
Rational 1 months

22 million people newly job less and Congress is still spending the majority of their efforts with handouts to the wealthy. It's just the Hoover administration and Congress all over again.

Old McBundy
Old McBundy 1 months

Who would’ve guessed that when you (forcibly) temporarily close businesses on a subjective scale of how essential they are deemed, that people would be without jobs? Color me surprised. As an American consumer, I determine what is an essential business. If I want to buy their good or service that day, they are essential. It’s not the government’s place to determine that for me.

Test Steam
Test Steam 1 months

Filing for unemployment doesn't mean permanent unemployment. At my company we all received temporary unemployment letters for the duration of the lockdown. Basically no work no pay.

Katharine
Katharine 1 months

I'm worried

IIzard
IIzard 1 months

Almost like shutting down the economy is bad

Jon
Jon 1 months

Thanks Trump.

Katharine
Katharine 1 months

That's alot

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