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Another 2.98 Million Workers File For Unemployment

Posted on the 15 May 2020 by Jobsanger
Another 2.98 Million Workers File For Unemployment
The Labor Department released the numbers for unemployment claims filed for the week ending on 5/9/20. It showed another 2,981,000 workers have filed for unemployment. That makes 36,471,000 workers that have filed for unemployment in the last eight weeks. That's 23.3% of the civilian workforce (156,481,000).
Here's the official announcement from the Labor Department:
In the week ending May 9, the advance figure for seasonally adjusted initial claims was 2,981,000, a decrease of 195,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 3,169,000 to 3,176,000. The 4-week moving average was 3,616,500, a decrease of 564,000 from the previous week's revised average. The previous week's average was revised up by 7,000 from 4,173,500 to 4,180,500.

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