Breaking: Additional 2.4 Million Jobless Claims Filed in Past Week, Bringing Total Unemployment to 38.6 Million

An additional 2.4 million Americans filed jobless claims during the past week, bringing the total number of unemployed Americans to 38.6 million, or about 23 percent of the workforce.

“The hemorrhaging has continued,” Torsten Slok, chief economist for Deutsche Bank Securities, told the New York Times.

Closures imposed to mitigate the spread of coronavirus have continued to take a toll on the American economy, even as U.S. states begin to move forward with plans to open businesses in regions less affected by the pandemic. On Tuesday, Treasury Secretary Steve Mnuchin warned lawmakers on the Senate Banking Committee that the economy risked “permanent damage” if shutdowns continue for too long.

Additional 2.4 Million Jobless Claims Filed in Past Week, Bringing Total Unemployment to 38.6 Million About 23 percent of the American workforce is now ... READ MORE ADVERTISEMENT Follow Us & Share 19 West 44th Street, Suite 1701, New York, NY, 10036, USA Your Preferences | Unsubscribe | Privacy View this e-mail in your browser.