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Jobless Claims Increase by 5.2 Million

2020-04-16 35 Dailymotion

Jobless Claims Increase <br />by 5.2 Million The four-week total for <br />jobless claims has exceeded 22 million. Nearly all of the job gains since <br />the Great Recession have been lost. The claims exceeded projections <br />of a total of five million <br />new claims for the week ending on April 11. Peter Boockvar, Bleakley Group, via CNBC The new numbers include <br />independent contractors who, prior to <br />the passage of the CARES Act, were not <br />eligible to apply for unemployment. The silver lining in the new <br />jobless claims numbers is they<br />decreased by more than <br />1.2 million from the previous week. Peter Boockvar, Bleakley Group, via CNBC

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