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  • Wed. Nov 6th, 2024

U.S. state joblessness payments in April jump five-fold from February

U.S. state joblessness payments in April jump five-fold from February

WASHINGTON (Reuters) – Joblessness payments leapt to at least $162 billion in April, up more than five-fold from February, as layoffs attributed to the coronavirus pandemic swept through the economy.

Signs is seen published on the entrance of the New york city State Department of Labor offices, which near the public due to the coronavirus disease (COVID-19) break out in the Brooklyn borough of New york city City, U.S., March 20,2020 REUTERS/Andrew Kelly

The figure is still preliminary, with April payment information for six states consisting of Florida and Michigan still not readily available on a Department of Labor Website that offers comprehensive unemployment insurance coverage details from the 50 states and the District of Columbia.

However the filings a

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