Americans filed 1.5 million new unemployment claims last week as businesses reopened from COVID-19 shutdowns
Three months into the coronavirus crisis, the U.S. economy is reopening and many Americans are going back to work. But hundreds of thousands are still being laid off.
About 1.5 million workers filed applications for unemployment insurance for the first time last week, the Labor Department said Thursday. That pushes the running tally of those who have made initial claims over the past 13 weeks past a mind-boggling 45 million. First-time claims are a reliable gauge of layoffs.The count is down from 1.57 million the prior week and marks the 11th straight weekly decline since first-time claims peaked at 6.9 million at the end of March.
The weekly tallies remain far higher than the previous record of 695,000 initial unemployment claims during a deep recession in October 1982.
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