CNBC: Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks
The total, while still well above anything the nation had seen in pre-coronavirus America, represents the seventh straight week of a declining pace following the record peak of 6.9 million in late March.
This brings the total jobless claims during the pandemic up to almost 40 million.
JUST IN: U.S. weekly jobless claims hit 2.438 million, vs. 2.4 million expected. https://t.co/40lG5luUvG pic.twitter.com/n1zCLdQlns
— CNBC (@CNBC) May 21, 2020
