US Weekly Jobless Claims Slow Down For a Third Consecutive Week

​ The weekly jobless claims in the US continue to slow down for a third consecutive week, although they are still on a historically high level. Over 4.4mn Americans have requested unemployment benefits in the week ending on April 18, bringing the total figure to 26mn since the outbreak of COVID-19 in the US. In the previous week, they amounted to 5.2mn.    At the end of March, the weekly jobless claims skyrocketed to 6.9mn, which was the highest level since records began, but subsequently, they slowed down.
The weekly jobless claims in the US continue to slow down for a third consecutive week
​ The weekly jobless claims in the US continue to slow down for a third consecutive week, although they are still on a historically high level. Over 4.4mn Americans have requested unemployment benefits in the week ending on April 18, bringing the total figure to 26mn since the outbreak of COVID-19 in the US. In the previous week, they amounted to 5.2mn.    At the end of March, the weekly jobless claims skyrocketed to 6.9mn, which was the highest level since records began, but subsequently, they slowed down.

The weekly jobless claims in the US continue to slow down for a third consecutive week, although they are still on a historically high level. Over 4.4mn Americans have requested unemployment benefits in the week ending on April 18, bringing the total figure to 26mn since the outbreak of COVID-19 in the US. In the previous week, they amounted to 5.2mn.

The weekly jobless claims in the US continue to slow down for a third consecutive week

At the end of March, the weekly jobless claims skyrocketed to 6.9mn, which was the highest level since records began, but subsequently, they slowed down.

Detailed data and analysis on COVID-2019 and its economic impact can be found in CEIC’s COVID-19 Outbreak and Impact Monitor.

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27th April 2020 US Weekly Jobless Claims Slow Down For a Third Consecutive Week