Total job losses caused by the coronavirus crisis now number more than 26 million.
Another 4.4 million workers filed new unemployment claims during the week ending April 18, 2020, according to data released by the Labor Department—it’s the latest sign of just how badly the coronavirus crisis continues to damage the American economy.Today’s data means that a staggering 26 million people have lost their jobs in just five weeks.
Claims declined slightly from the week ending April 11, 2020, when about 5.2 million Americans applied for jobless benefits.today’s data to give an indication of just how bad April’s losses might be.On Wednesday, U.S. Treasury Secretary Steven Mnuchin said that he expects most, if not all, of the economy to be open by “
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