US Weekly Jobless Claims Hit 1.5 Million, Bringing The 12-Week Total To 44 Million

12 June 2020

US jobless claims totaled 1.5 million for the week that ended Saturday, the Labor Department said Thursday. That fell slightly short of the median economist estimate of 1.6 million. The figure raised the 12-week total to 44 million, meaning more than one in four American workers have lost a job during the pandemic. It's also more than the roughly 37 million people who filed unemployment-insurance claims during the year and a half of the Great Recession.

Source: Business Insider
Post by : Republic of Turkey Ministry of Trade