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4.4 Million More US Workers File for Unemployment Compensation

Ken Bredemeier

   Another 4.4 million U.S. workers claimed unemployment compensation last
   week as the coronavirus pandemic continues to wreak havoc on the U.S.
   economy, the Labor Department reported Thursday.

   The newest total boosted the five-week total to 26.5 million, even as a
   few states are beginning to devise ways to reopen some businesses in
   the coming weeks. But millions more workers could file for jobless
   assistance in the next few weeks as the full effect of the coronavirus
   crisis on the world's biggest economy takes hold.

   The United States has not seen this level of job losses -- nearly one
   out of every six workers -- since the Great Depression in the 1930s.
   The scope of the layoffs has wiped out the entirety of U.S. job growth
   since the 2008 recession.

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