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The number of new unemployment claims filed last week in the United States decreased from the previous week, but remained high for eight consecutive weeks. The new coronavirus pandemic continues to plague the US economy.
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The number of applications decreased for the sixth consecutive week, but it was not as broad as the market forecast.
To prevent the spread of new corona infections, a total of 36.5 million applications have been filed since the company’s activities were virtually suspended in mid-March. The total number of cases has been approached during the previous recession (recession), which lasted a year and a half.
The number of continuous unemployment insurance beneficiaries increased by 456,000 in one week through May 2, reaching a record 22.8 million. As a result, the ratio of beneficiaries of unemployment insurance to the labor force increased to 15.7%.
▽ In this statistic, there are two main points that cannot be explained normally. One is that the number of new applications for unemployment insurance in Connecticut (before adjustment) was approximately 298,700, a sharp increase from 36,100 the previous week. The other is that the number of continuous beneficiaries in California decreased to 2.87 million, just under half in just one week. We are asking officials of both states for comment, but have received no response at this time.
The fact that the number of new applications for unemployment insurance was higher than expected by the market highlighted the serious impact of the pandemic. Most restaurants and retail outlets that eat and drink in stores remain closed, and concerned citizens don’t spend outside and stay home.
See the table for statistical details.
Original title:US unemployment claims USA In millions again, more than expected,US unemployment claims USA Remain in millions for eighth consecutive week (excerpt)
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