Pennsylvania Trust

COVID-19 Lockdown Leads To Largest Jump In Initial Jobless Claims Ever

COVID-19 Lockdown Leads To Largest Jump In Initial Jobless Claims Ever

According to the Labor Department, the number of Americans filing for unemployment benefits climbed to a record 3.28 million in the week ended March 21, as businesses temporarily closed and furloughed workers in the fallout from the coronavirus. The figures far exceed the previous weekly high of 695,000 set in 1982 and the 665,000 set in March of 2009.


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