2.1 million Americans file jobless claims

  • First-time jobless claims totaled 2.1 million last week, slightly ahead of the 2.05 million Wall Street estimate.
  • Continuing claims plunged by nearly 4 million to just over 21 million, probably a clearer representation of the jobless level.
  • The high jobless numbers persist even as all states have reopened their economies to various extents.
  • About 41 million claims have been filed since the coronavirus was declared a pandemic.

CNBC:

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