New US Jobless Claims Hit Record 3.28M As Coronavirus Strikes Economy

Posted by Tanzeel Akhtar

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Initial jobless claims in the week ending March 20 reached 3.283 million, the Bureau of Labor Statistics said Thursday. The number is more than triple the estimate of 1 million new claims. The prior week’s figure was 281,000. The number reported Thursday far exceeds the prior initial jobless claims record of 695,000 in 1982, Bloomberg reported. U.S. continuing […]
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