U.S. jobless claims surge past 3.28 million

KEY POINTS

  • The number shatters the Great Recession peak of 665,000 in March 2009 and the all-time mark of 695,000 in October 1982.
  • Claims had been expected to hit a record 1.5 million for the week, according to economists surveyed by Dow Jones.
  • Americans displaced by the coronavirus crisis filed unemployment claims in record numbers last week, with the Labor Department reporting Thursday a surge to 3.28 million.
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