CNBC: Jobless claims total 5.245 million as 22 million positions have been lost due to coronavirus
Protection measures against the coronavirus continued to tear through the employment ranks, with 5.245 million more Americans filing first-time claims for unemployment insurance last week, the Labor Department reported Thursday.
This number was, once again, higher than analysts expected. This now wipes out all jobs added since 2008.
BREAKING: U.S. weekly jobless claims hit 5.245 million, vs. 5.0 million expected. https://t.co/ti0Rh6z593 pic.twitter.com/eGWb4SwG5I
— CNBC (@CNBC) April 16, 2020