Granted, the number of initial unemployment claims continue to decrease each week, but we have over 44 million Americans unemployed.
Another 1.5 million Americans filed for first-time unemployment benefits last week on a seasonally adjusted basis, the Department of Labor reported on Thursday.
Although initial jobless claims have been falling every week since peaking at 6.9 million in the last week of March, millions of people remain reliant on government aid to make ends meet since the pandemic eliminated their jobs.
More than 44 million people have filed for initial unemployment benefits since mid-March, when then US economy shut down to prevent the spread of Covid-19.
