Another 5.2 million Americans claim unemployment benefits

WASHINGTON (AFN / BLOOMBERG) – The number of Americans reporting unemployment benefits due to the crown crisis is increasing rapidly. Last week, another 5.2 million people who lost their jobs due to the crisis turned to the support, the US Department of Commerce announced. USA

In the four weeks that the crown crisis has hit the US hard. In the USA, the accountant finds more than 22 million requests. In less than a month, ten years of efforts to improve employment have been undone. Since 2009, 21.5 million jobs have been created in the United States.

Economists had expected 5.5 million applicants to join this week. Last week, more than 6.6 million Americans were affected. A week earlier he was very busy at the WW counter with a record number of 6.9 million requests.

Unemployment rate

Aid applications provide insight into the state of the world’s largest economy. Economists previously calculated that the United States is targeting an unemployment rate of more than 10 percent in April on these massive amounts of aid applications. An unemployment rate of at least 17 percent is now taken into account, which is also well above the 10 percent rate reached during the crisis in 2009.

Based on the number of current benefits, there was also a significant increase. These went from 4.5 million to a record 12 million in one week. These figures are published with a delay of one week.

The umbrella of the United States Federal Reserve, the Federal Reserve, noted earlier this week that for all regions of the country, the business outlook is uncertain. Therefore, deterioration rather than improvement in circumstances should be expected in the near future.