DJIA26241.02
LIVE-28.87(-0.11%)
NDX9615.15
LIVE-89.54(-0.92%)

U.S. Weekly Jobless Claims Remain High As Backlogs, Layoffs Linger


Thursday, 21 May 2020 19:56 WIB

Klaim pengangguran ASEkonomi ASU.S.Unemployment


c_740_198_16777215_00_images_assets_Ekonomi2_3701921d7c7dac32be5a1697ccc5f0af.jpg

Millions more Americans filed for unemployment benefits last week as backlogs continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs, pointing to another month of staggering job losses in May.

Initial claims for state unemployment benefits totaled a seasonally adjusted 2.438 million for the week ended May 16, the Labor Department said on Thursday. Data for the prior week was revised down to show 2.687 million claims filed instead of the previously reported 2.981 million. Connecticut said last week it had misreported its numbers.

Economists polled by Reuters had forecast claims would total 2.4 million in the latest week. The jobless claims report, the most timely data on the economy’s health, could offer early clues on how quickly businesses rehire workers as they reopen and on the success of the government’s Paycheck Protection Program (PPP).

A broad shutdown of the country in mid-March to contain the spread of COVID-19, the respiratory illness caused by the novel coronavirus, has resulted in the worst unemployment since the Great Depression.

Claims have been gradually declining since hitting a record 6.867 million in the week ended March 28.

Source : Reuters


RELATED NEWS

  • U.S. services industry activity pushed off an 11-year low in May, but businesses appeared in no rush to rehire workers as they reopen, supporting views the economy could take years to recover from the...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.