US unemployment soars to over 30 MILLION as coronavirus pandemic wrecks economy

First-time filings for unemployment insurance

First-time filings for unemployment insurance hit 3.84 million in the week ending April 25, the US Labor Department announced on Thursday.

That brings the total number of first-time claims to 30.3 million over the past six weeks of the forced lockdown due to the Covid-19 outbreak. The figure represents roughly 18.6 percent of the US labor force.

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