Tuesday, January 19, 2021

Tag: Unemployment Tops 30 Million As Coronavirus Crisis Crests

Unemployment Tops 30 Million As Coronavirus Crisis Crests

by Joseph Curl, Daily Wire:

More than 3.8 million Americans filed for unemployment benefits last week, bringing the six-week total of new jobless claims to 30.3 million, the worst employment crisis since the Great Depression.

The news wasn’t all bad. While the number was slightly higher than the 3.5 million economists surveyed by Dow Jones expected, the number was far lower than the record 6.8 million for the week of March 28. The latest number was also lower than the previous week, which came in at 4.4 million. Still, one in six American workers is now unemployed.