News

With 3 Million New Unemployment Claims This Week, 36.5 Million Americans Have Filed For Jobless Benefits In Just 8 Weeks

Nearly three million Americans applied for unemployment benefits last week, growing the eight-week total to almost 36.5 million insurance claims due to the coronavirus.


 

The Labor Department released the historically high weekly figures Thursday.

 

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

Weekly Unemployed Insurance Claims (Seasonally Adjusted)

Week #Date In Real TimeIn Thousands Change From Prior Week4 Week Average
103/21/20203,307,0003,3073,0251,004.25
203/28/20206,867,0006,8673,5602,666.75
304/04/20206,615,0006,615-2524,267.75
404/11/20205,237,0005,237-1,3785,506.50
504/18/20204,442,0004,442-7955,790.25
604/25/20203,867,0003,867-5755,040.25
705/02/20203,176,0003,176-6914,180.50
805/09/20202,981,0002,981-1953,616.50
Source: U.S. Labor Department

 

Still, unemployment filings have declined since an initial surge in furloughs and layoffs during late March drove weekly claims up to an apex of almost seven million in one week.

“The numbers are very high, but they’re stepping down every week,” said Keith Hall, former chief economist for the Council of Economic Advisers.

Last week, stocks also rallied after the figures diminished again this week as states moved to open their economies.

Emily Bevacqua

Recent Posts

Trump National Security Adviser Michael Flynn Says ‘Gates Of Hell’ Will Be Opened On Opponents If Trump Is Reelected

Former National Security Adviser Michael Flynn declared that the "gates of hell" would be unleashed if former…

15 hours ago

VIDEO: Kamala Harris Hugs First Person In Line For Her Ellipse Rally, Chats With Her Mom

https://youtu.be/JQCdk-71tG0 Democratic presidential nominee Kamala Harris met with the woman who was the first in…

16 hours ago

VIDEO: Harris Vows To Put ‘Country Above Party’ In Front Of 75,000 People At The Ellipse

https://youtu.be/xc72fdqkaVc Vice President Kamala Harris vowed to put “country above party and above self” as…

1 day ago

Trump-Friendly Judge Aileen Cannon In The Running For Attorney General If Former President Wins Second Term

U.S. District Judge Aileen Cannon has reportedly been placed on a list of potential attorney general candidates…

1 day ago

House Freedom Caucus Chair Andy Harris Suggests North Carolina Award Trump Its Electoral Votes – Before Election Day

Rep. Andy Harris (R-Maryland) declared that North Carolina's state legislature should give its electors to former President Donald…

2 days ago

Trump Says He ‘Didn’t Hear’ Comedian Tony Hinchcliffe Who Called Puerto Rico ‘A Floating Pile Of Garbage’ At MSG Rally

Comedian Tony Hinchcliffe has been condemned for saying that Puerto Rico is a "floating pile of garbage"…

2 days ago