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Coronavirus: More than 40 million unemployment claims in the US since start of crisis

1 month ago   |   By Wessexfm

More than two million Americans applied for unemployment benefits last week as businesses continue to struggle through the coronavirus pandemic.
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Total US unemployment shrinks for the first time since coronavirus layoffs began in March

Total US unemployment shrinks for the first time since coronavirus layoffs began in March

1 month ago   |   By Business Insider

Roughly 21.1 million Americans claimed unemployment insurance in the week ending May 16, a decline from the previous week's record of roughly 25 million, according to Thursday's report from the Labor Department .
It's the first time that continuing claims, reflecting those receiving unemployment benefits, have declined since coronavirus-induced layoffs began in March.
It's a sign that hiring may be rebounding slightly as states continue reopening their economies following shutdowns to curb COVID-19.
Visit Business Insider's homepage for more stories .
This week's jobless claims report...
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US jobless total tops 40 million as 2 million more are left out of work

US jobless total tops 40 million as 2 million more are left out of work

1 month ago   |   By Metro

More than 40 million Americans have filed jobless claims since the beginning of the coronavirus crisis.
More than 40 million Americans have been left out of work due to the coronavirus break as another two million people filed jobless claims last week.
A total of 40.8 million people have now filed for unemployment benefits through state programs over the past ten weeks, according to figures released by the Labor Department on Thursday.
The 2.1 million claims filed last week marks the eighth straight week in a row that unemployment filings declined after they historically peaked at 6.9...
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US stocks trade mixed as investors assess jobless-claims data, US-China tensions

US stocks trade mixed as investors assess jobless-claims data, US-China tensions

1 month ago   |   By Business Insider

US traded mixed on Thursday as investors mulled the Labor Department's latest jobless-claims report and fresh US-China tensions.
2.1 million Americans filed for unemployment during the week ended on Saturday, according to a Thursday release. The reading matched economist estimates and pushed the metric's 10-week total to 40.7 million.
China's approval of controversial national security laws in Hong Kong bolstered concerns of a new conflict between the country and the US.
Tech stocks slumped as traders awaited an executive order from President Trump disciplining social media companies and...
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2.1 million new jobless benefit claims are filed amid COVID-19

2.1 million new jobless benefit claims are filed amid COVID-19

1 month ago   |   By Daily Mail

More than 40 million new claims for unemployment benefits have been filed in the past two months when the coronavirus started paralyzing the US economy.
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Australia considers providing a safe haven for Hong Kong residents

Australia considers providing a safe haven for Hong Kong residents

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Strictly's Bruno Tonlioni 'will miss 2020 series' and do US version instead

Strictly's Bruno Tonlioni 'will miss 2020 series' and do US version instead

Strictly's Bruno Tonioli has reportedly been forced to choose between the UK and US versions of the show due to travel restrictions, and he has chosen the more lucrative offer Read more ...

We've reached the coronavirus pandemic's 6-month mark. 2 leading experts...

We've reached the coronavirus pandemic's 6-month mark. 2 leading experts reveal what they think life will look like 1 year in

Six months ago, Chinese officials in Wuhan reported the coronavirus outbreak to the World Health Organization. Since then, more than 510,000 people have died and 10.5 million... Read more ...

An exclusive Montenegro resort island was an influencer obsession last...

An exclusive Montenegro resort island was an influencer obsession last summer - and it just reopened amid the pandemic. Take a look inside

Aman Sveti Stefan , a luxury resort and island in Eastern Europe's Montenegro , reopened on July 1 . It can cost up to $6,000 to stay there for a week during high... Read more ...

Never Have I Ever renewed for season 2 on Netflix and we can't get over the...

Never Have I Ever renewed for season 2 on Netflix and we can't get over the announcement video

Never Have I Ever is coming back to Netflix for a second season Months after Never Have I Ever won the hearts of fans around the world, Netflix has continued the show has been... Read more ...

UK insists it has enough remdesivir after Trump buys up supply of Covid-19 drug

UK insists it has enough remdesivir after Trump buys up supply of Covid-19 drug

The US has sparked anger by buying nearly all the stock for the next three months - but the UK insisted it had secured supplies of the anti-viral pill Read more ...

Stock surge makes Tesla the world's most valuable automaker

Stock surge makes Tesla the world's most valuable automaker

Enlarge One share of Tesla stock traded for more than $1,130 on Wednesday, pushing the company's market capitalization to nearly $210 billion. That sent Tesla's market cap... Read more ...

Rugby Union Today: Greatest games and Manu to depart?

Rugby Union Today: Greatest games and Manu to depart?

Another busy day in the rugby union game as we look back to the 1999 World Cup where France shocked the All Blacks in that famous semi-final, while there's also news from... Read more ...

Peaky Blinders creator reveals pandemic has prompted season 6 changes “for...

Peaky Blinders creator reveals pandemic has prompted season 6 changes “for the better”

Steven Knight has revealed that the coronavirus pandemic has necessitated changes to the upcoming sixth season of Peaky Blinders , but he is confident they will only make the... Read more ...

Mohamed Salah reveals he was ‘worried' about joining Liverpool because of...

Mohamed Salah reveals he was ‘worried' about joining Liverpool because of Sadio Mane role

Mohamed Salah admits he was ‘worried' before joining Liverpool Mohamed Salah has revealed he was ‘worried' before joining Liverpool because of Sadio Mane 's role at... Read more ...