Jobless Claims Hit Record 22M Over Four Weeks

Jobless Claims Hit Record 22M Over Four Weeks

U.S. weekly jobless claims soared for a third straight week as the coronavirus pandemic effectively wiped out all the jobs added to the economy since the Great Recession. The Labor Department reported Thursday that 5.2 million Americans filed first-time claims for unemployment insurance in the week that ended April 11. Claims came in below the […]