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Economists Suspect Millions More Americans Have Filed For Unemployment

2020-04-22 16 Dailymotion

The coronavirus pandemic and lockdowns to curb the spread of the disease has had a catastrophic impact on the US economy.<br />Economists estimate another 4.5 million Americans will have filed for unemployment for week ending April 11.<br />According to Business Insider, the report will be released Thursday by the Labor Department.<br />However, the estimate is below the 5.2 million Americans that filed for claims in the previous week.<br />That signals a downward trend in unemployment claims.<br />The consensus estimate for this week's report would bring total claims filed during the coronavirus pandemic to roughly 26 million.

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