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Jobless claims total 3.2M, down from historic highs but still extreme

By Jay Heflin
Published May 7, 2020 12:31pm ET
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Jobless claims total 3.2M, down from historic highs but still extreme
The number of workers claiming unemployment benefits increased by 3.2 million last week, according to the Labor Department. Economists had expected 3.1 million new jobless claims. The number of weekly jobless claims dropped in every state last week except Maine, Maryland, New Jersey, and New Mexico. The territory of Puerto Rico also saw an increase […]

The number of workers claiming unemployment benefits increased by 3.2 million last week, according to the Labor Department.

Economists had expected 3.1 million new jobless claims.

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COVID-19 Department of Labor Jobs Labor Unemployment