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U.S. Initial Jobless Claims Leap to Record 6.65 Million

Thursday, 2 April 2020 19:52 WIB Klaim pengangguran AS Ekonomi AS Jobless Claim

The number of Americans applying for initial unemployment benefits surged to a new record 6.65 million last week, the U.S. Labor Department said on Thursday, as the full impact of the fallout from the coronavirus pandemic on the labor market became apparent. The increase dwarfed the prior week’s figure of 3.28 million and eclipsed the previous record of 695,000 set in 1982. The number of people already receiving benefits increased to 3.029 million, the report said. Ahead of the report, Goldman Sachs had revised up its estimate for jobless claims to 6 million, adding it expected claims to remain very elevated in the coming weeks. The numbers come ahead of the Labor Department's nonfarm...

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