Observers knew to brace themselves for historically bad news in Thursday’s unemployment numbers. Those fears were realized.
away from full-time employees, the traditional measures of unemployment don’t fully describe the scope of the devastation.
And technological limitations are keeping even more out-of-work Americans from being counted in this measure. Michele Evermore, a senior policy analyst at the National Employment Law Project , told me via email that many people who have tried to file claims so far have been unable to, even if they qualify for unemployment. Evermore said state unemployment agencies weren’t set up to handle this volume of claims, and that has led to breakdowns in their filing systems.
This implies that, on top of the current record-breaking numbers, the totals in future weeks could include a backlog of people who were unable to file their initial claims over the past few weeks. And that means more bad news to come in a statistic that isThe previous high number was for the week ending on Oct. 2, 1982.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
3.3 Million File For Unemployment Claims, Shattering The RecordA record 3.3 million Americans filed for unemployment benefits for the first time last week — a number far above the levels seen during the depths of the Great Recession.
Leer más »
New weekly jobless claims soar to 3.3 million amid coronavirus outbreakThe number of Americans applying for jobless benefits soared to an unprecedented 3.3 million last week.
Leer más »
Mass layoffs hit the economy. Can the government's $2-trillion stimulus plan stem the tide?Even in the darkest hours of 2008, when the nation teetered on the edge of a second Great Depression, Congress never passed anything close to the economic stimulus plan scheduled for final approval Friday.
Leer más »
As unemployment claims see record high, hear from those affectedAn award-winning chef. A brewery owner. An actor from 'Hamilton.' A bartender. A server at an airport. All have been dramatically affected by measures closing businesses to combat the spread of the coronavirus. These are the voices of the shutdown:
Leer más »
Over 3 Million Americans Filed for Unemployment Last Week amid Coronavirus ShutdownsThe 3.2 million unemployment claims through the week of March 21 marks the highest number of claims in U.S. history
Leer más »