First-time claims for initial unemployment rise 3.8 million

  • First-time claims for unemployment benefits totaled 3.8 million in the week ending April 25 (after seasonal adjustments).
  • Claims have fallen each of the last four weeks hinting that unemployment rates are not getting worse.
  • Total number of claims since mid-March: 30.3 million.
  • The number of unemployed represents about 18.6% of the US labor force.
Advertisements
Category: US