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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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New Zealand mosque shooter dismisses lawyers to represent himself at sentencing

New Zealand mosque shooter dismisses lawyers to represent himself at sentencing

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Why some Big Brother Australia housemates might be blocked from live finale

Why some Big Brother Australia housemates might be blocked from live finale

It's nearly time for the nation to vote for their favourite star to win Big Brother Australia's rebooted season. But there are now fears not all 20 contestants will be at the... Read more ...

"Several" US Navy sailors are being treated for injuries after ship catches...

"Several" US Navy sailors are being treated for injuries after ship catches fire at San Diego Naval Base

Several US Navy sailors are injured after a fire broke out aboard the USS Bonhomme Richard docked in Naval Base San Diego, California, on Sunday afternoon. The LHD-6, an... Read more ...

Big Brother Australia favourites could return for an all-stars season next year

Big Brother Australia favourites could return for an all-stars season next year

Big Brother Australia's most beloved stars could be set to return to the franchise for a special all-stars season next year. Read more ...

South Africa bans sale of alcohol AGAIN and reinstates night time curfew

South Africa bans sale of alcohol AGAIN and reinstates night time curfew

South African President Cyril Ramaphosa said the country will immediately return to a ban on the sale of alcohol to reduce the volume of trauma patients so hospitals have more... Read more ...

Love Island Australia fans shocked as Grant walks out of the villa

Love Island Australia fans shocked as Grant walks out of the villa

LOVE Island Australia fans were shocked tonight as Grant walked out of the villa. The tension between Grant and Eden reached a climax - and ended up in tears. Grant walks out... Read more ...

Florida reports biggest single-day coronavirus diagnosis spike since the...

Florida reports biggest single-day coronavirus diagnosis spike since the crisis began

Florida has experienced a record-high spike in new coronavirus cases Florida has reported its biggest single-day spike in coronavirus diagnoses since the public health crisis... Read more ...

It's official - Far Cry 6 has been announced and launches February 2021

It's official - Far Cry 6 has been announced and launches February 2021

Far Cry 6 has been officially announced at the Ubisoft Forward show. Confirming some recent leaks that popped up online, the upcoming FPS game's unveiling and first trailer... Read more ...

Ubisoft Forward stream - watch Assassin's Creed Valhalla, Far Cry 6, and...

Ubisoft Forward stream - watch Assassin's Creed Valhalla, Far Cry 6, and more here

Ubisoft Forward is getting underway, and with it a whole load of information on the publisher's lineup of upcoming PC games. Even with E3 gone, the Summer game announcement... Read more ...

Lewis Hamilton praises Mercedes team for taking a knee before Styrian GP win

Lewis Hamilton praises Mercedes team for taking a knee before Styrian GP win

The Formula 1 world champion was accompanied by his team and the majority of his rival drivers and constructors as he took the knee ahead of his victory in Austria Read more ...