Jobless Claims Top 30 Million in Past 6 Weeks, Insured Unemployment Hits Record High

Jobless Claims Top 30 Million in Past 6 Weeks, Insured Unemployment Hits Record High
People wearing protective face masks wait in line to receive free food at a curbside pantry for needy residents in New York City on April 24, 2020. Reuters/Mike Segar
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

As the pandemic continues to hammer the economy, more than 3.8 million workers in the United States filed unemployment claims during the week ending April 25, bringing the number to more than 30 million in the past six weeks, which is around 18 percent of the workforce.

Meanwhile, the seasonally adjusted insured unemployment rate surged to a record high of 12.4 percent for the week ended April 18, Labor Department figures released April 30 show (pdf).
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter
Related Topics