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  • Sat. Nov 16th, 2024

Millions more Americans sign up with the joblessness line

Millions more Americans sign up with the joblessness line

WASHINGTON (Reuters) – Millions more Americans sought unemployment benefits last week, suggesting layoffs expanded from consumer-facing industries to other sectors of the economy and could stay raised even as many parts of the country begin to resume.

FILE IMAGE: People who lost their tasks wait in line to file for joblessness following a break out of the coronavirus disease (COVID-19), at an Arkansas Labor Force Center in Fayetteville, Arkansas, U.S. April 6,2020 REUTERS/Nick Oxford

The Labor Department’s weekly out of work claims report on Thursday showed preliminary jobless claims for state welfare totaled a seasonally changed 3.169 million for the week ended May 2, below a revised 3.846 million in the previous week.

Economists surveyed by Reuters had actually anticipated 3.0 million claims in the recently compared to the formerly reported 3.839 million in the week ending April25

The data supported economists’ views of a protracted recovery of the economy, whi

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