The Department of Labor reported yesterday that another 3.8 million new unemployment claims were filed last week, pushing the total for the last six weeks over the 30 million mark. In the wake of the latest report out of DOL, the Congressional Budget Office has projected that the unemployment rate could reach as high as…
Read More »The news from the Department of Labor (DOL), was no better yesterday than it was the past two weeks as another 6.6 million Americans filed first time claims for unemployment insurance in the face of the ongoing coronavirus crisis. Last week’s total of 6,648,000 claims was adjusted upwards during the week by an increase of…
Read More »Last week saw new unemployment claims set a new record with 3.3 million claims in one week. Well, that record didn’t last long as the Department of Labor (DOL) yesterday reported that new claims for unemployment benefits reached over 6.6 million – more than double last week’s record! To put those numbers in perspective, the…
Read More »This week’s unemployment report from the Bureau of Labor Statistics was released yesterday with new jobless claims setting an all-time record. In the wake of the COVID-19 pandemic shutting businesses down across the country, the BLS reported a seasonally-adjusted total of just under 3.3 million individuals filed new claims for the week ending March 21,…
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