The six-week surge in new unemployment claims continued last week as businesses deemed nonessential by state and local governments reduce staffing in response to COVID-19.
More than 3.8 million Americans filed unemployment claims for the week ending April 25, the U.S. Department of Labor reported Thursday. The 3.839 million claims is down 603,000 from the week prior, when 4.42 million Americans filed for unemployment benefits.
Read More