More than 33 million Americans have filed unemployment claims in 7 weeks
About 3.2 million more Americans filed initial unemployment claims last week, bringing the total across seven weeks to more than 33 million.
The Labor Department said on Thursday that the number of seasonally adjusted initial unemployment claims filed last week was 3.17 million, a decline of 677,000 from the week before, but still higher than the 3.05 million claims economists were expecting, per CNBC.
Adding these numbers up, about 33.5 million Americans have filed unemployment claims since the middle of March as businesses closed their doors and laid off workers during the coronavirus pandemic. This is equivalent to roughly 21 percent of the labor force in March, CNN reports.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
This comes ahead of what's expected to be a dire April jobs report to be released on Friday, which The Associated Press reports economists say will likely show the unemployment rate is 16 percent as 21 million jobs were lost, although The New York Times notes that the unemployment figure provided "will almost certainly understate the damage." The unemployment rate climbed to 4.4 percent in March, officially ending a nearly 10-year streak of job gains.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
Supreme Court to resolve Louisiana gerrymander
Speed Read The court will hear a case challenging the second majority-Black district in the state
By Rafi Schwartz, The Week US Published
-
Boeing machinists approve contract, end strike
Speed Read The company's largest union approved the new contract offer, ending a seven-week strike
By Peter Weber, The Week US Published
-
America might be in a second Gilded Age
In the Spotlight The first Gilded Age was marked by rising inequality and a push for social change
By Justin Klawans, The Week US Published
-
Boeing machinists approve contract, end strike
Speed Read The company's largest union approved the new contract offer, ending a seven-week strike
By Peter Weber, The Week US Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published
-
Boeing machinists reject deal, continue strike
Speed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
By Peter Weber, The Week US Published
-
Ports reopen after dockworkers halt strike
Speed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
By Peter Weber, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published
-
Disney and DeSantis reach detente
Speed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
By Peter Weber, The Week US Published