Home / News / Unemployment claims surge to record 3.3M due to coronavirus | USA TODAY

Unemployment claims surge to record 3.3M due to coronavirus | USA TODAY



Unemployment claims surged to record 3.3M last week as coronavirus takes toll on economy.
RELATED: How to control panic buying https://youtu.be/DMYxgl-x198

Filings for unemployment benefits hit a record 3.3 million last week, the Labor Department said showing the coronavirus’s damage to the economy.

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20 comments

  1. It's not just because of Coronavirus! This was going to happen regardless of the outbreak, the pandemic was just the trigger. Our economy, in fact, every economy based on market capitalism, has a downturn every 7-10 years. They are made worse if there a longer period of time in between them, and if people still haven't recovered from the last one. That is exactly what has happened here. It doesn't take a genius or a harvard economist to tell you that when the majority of Americans don't have enough money to survive a $400 emergency and it's been 11 years since the last recession and the President keeps lowering interest rates to prolong an artificial period of economic growth that you have a recipe for disaster! Leftists have been sounding this alarm bell since the last recession hit. You can't have an economy that benefits no one but the super wealthy and expect every other aspect of it to function at maximum capacity.

  2. John 8:31,32,36 the Truth from God through his Son, and his Son SHALL MAKE YOU FREE**—- ACTS 2:39,39 REPENT of your sins, and be baptised in the name of Jesus Christ to receive forgiveness and receive the Holy Spirit….Romans 12:1,2 be not conformed to this World but be transformed by the renewing of your minds, Phil.4:8 by thinking on the Scriptural *True Honest Just Pure Friendly Good Report, A DOER or the Word James 1:22 be thou faithful and be blessed by Jesus Matt.25:21 and bevwith him in heaven Revelation 17:14/ 14:1 Amen and bless you

  3. I got 2 weeks paid off so I need to wait to file. I know that my layoff is temporary but others are not so lucky.

  4. (*Un-neccessary) closings have added jobless neighbors to the already HUGE NUMBERS of unemployed for the past 40 years. When their extensions run out THEY ARE STILL JOBLESS UNEMPLOYED. But because they are off the benefits list they are not on the Municipal Corporation Presidents t.v. sheet. So he can report low numbers unemployed. But those off the benefits list ARE STILL UNEMPLOYED !! UNEMPLOYMENT is really about 30-40%> maybe higher. They* are using this "live exercise" of the US Military for bioweapon/food control op. Almost Textbook* They are closing the borders in increments until total prison lock down. You cannot move out from the country you cannot take your money out of the country. you need a special S.S. REAL-ID to leave the country or go to another state. The law enforcement have towers that monitor our messages/calls…where is freedom??

  5. The total "Regular Flu" Deaths in the USA were (61,000 ) during the single Flu Season which occurred from Dec 2017 to April 2018

    Today's first "COVID-19 Virus" Season from Dec 2019 to April 2020 has resulted to date in only (1,070) Deaths in the USA.

    Based on the above statistics, there is no reason for the USA to close every city and every mall, school, and restaurant in any US State.

    What we need to do is target and quarantine the areas within the States that have a clear serious infection count and growth rate.

    And STOP shutting down Cities that clearly have little or no growth rate. I would be better to allow the younger workers to work – and Quarantine to older to a few months until the end of the Flu season – and this should be done in every Flu season.

    What we have here is a bunch of idiot greedy fearful politicians who are afraid that they will be accused of under-reacting – and therefore will not be elected in November of 2020 !

  6. GOOGLE US PATENT 2006257852.

  7. As Democrats screw us for bullcrap policy

  8. The numbers are only that low because that's the maximum that can be processed. Look for 30M in 3 weeks.

  9. To: Consider This !!

    Watch out for bail-ins, where banks can swap out your balance(s),
    from checking/savings account(s), with worthless stock when they
    get in trouble financially.

    For example,
    When you deposit your currency into a checking/savings account,
    you are considered the creditor/lender and the bank the borrower.
    So, you are no longer the owner of the currency deposited in your
    bank account (i.e. you <“loaned it out”>).

    Measures:
    -Leave the minimum amount of currency in your checking/savings,
    just enough to pay off your current bills, so you don’t lose much.
    -Need to address your retirement account(s), as well !!

    Reference:
    “What Is a Bail-in and How Does it Work?,” by US ECONOMY AND NEWS.

    Excerpt …
    “the companies were able to reduce the payments to creditors
    in exchange for equity in the reorganized company, effectively
    enabling the lenders to save some of their investment and the
    companies to stay afloat. …”

    Note:
    Your money can get stuck in litigation, e.g. for years, while your
    money devaluates because of inflation (stealing of your wealth).

  10. Hmm… Let us libtards blame Trump for this not the virus.

    Lol if a liberal was president we would be like Italy, lots of dead people.

  11. Rest easy people, Pelosi added in $1 million for the Doorkeeper/ Sergeant at Arms of the Senate$, 500 million for The Institute of Museum and Library Services.  $300 million for Refugee Assistance,  $300 million for public broadcasting, $33 million for national Oceanic and Atmospheric Administration,  $200 million for NASA, $236 million for the IRS with an additional $42 Million for IRS enforcement. $35 million for the Kennedy Center,  $90 million for the Ryan White HIV program, $66 Million for the National Center for Advancing Translational Sciences…. You can't make this shit up!

  12. Welcome to North America with Dictator name Trump

  13. “The only way to comprehend what mathematicians mean by Infinity is to contemplate the extent of human stupidity.”
    ― Voltaire

  14. I'm so Proud of My President, and i must say i'm Proud of the people of the US,working together and not letting Dems cut us down and make us more sick. people please do what Trump ask you to and forget Nancy and Chuck. who are trying to kill more of us. Trump will save us.

  15. MoSt of the claims are FROM THE RICHEST states on the BACKS of the poor states. NY, you are EVIL THIEVES

  16. It's a recession when your neighbor loses his job
    It's a depression when you lose yours

  17. 6 millions increase next week !

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