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A record 26 million Americans have filed unemployment claims, data shows

Usa covid-19 coronavirus news coronavirus update Coronavirus
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globalnews.ca:

A record 26 million Americans sought unemployment benefits over the last five weeks, confirming that all the jobs created during the longest employment boom in U.S.

history were wiped out in about a month as the novel coronavirus savages the economy. The Labor Department said on Thursday 4.427 million more people applied for unemployment benefits for the first time last week, down from a revised 5.237 million the week before.

The median expectation among economists in a Reuters poll was for claims to have fallen to 4.2 million last week, although estimates had ranged as high as 5.5 million.

The latest data brings the cumulative unemployment benefits claims to more than 26 million since the week ending March 21, representing about 16% of the

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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