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US Weekly Jobless Claims Soar to Record-Breaking 3.28 Million

2020-03-26 35 Dailymotion

US Weekly Jobless Claims <br />Soar to Record-Breaking 3.28 Million The Labor Department released <br />the shattering numbers on Thursday. Jobless claims had been <br />as low as 282,000 the previous week. 3.28 million jobless claims for <br />last week is more than double the <br />1.5 million new claims that analysts were expecting. To put the numbers in perspective, <br />jobless claims during the peak of the <br />Great Recession in March of 2009 hit 665,000. The previous record-breaking <br />week for jobless claims occurred in <br />Oct. 1982. The record set then was 695,000. The chairman of the Federal Reserve, <br />Jerome Powell, addressed the jobless crisis in <br />an interview Thursday morning on NBC's 'Today' show. Jerome Powell, Fed Reserve, via CNBC Jerome Powell, Fed Reserve, via CNBC

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