The Labor Department has released its statistics for the number of workers who applied for unemployment in the week ending on 4/25/20. It shows another 3,839,000 applied. That is lower than the number who applied in the previous four weeks, but still far higher than the number applying each week in January or February of this year.
That brings to total unemployment claims for the last six weeks to 30,307,000 workers. That is 18.6% of the civilian workforce of 162,913,000. And we haven't seen the end of those filing for claims because they are out of a job. There will be millions more in the coming weeks.
Here is the official statement from the Labor Department:
In the week ending April 25, the advance figure for seasonally adjusted initial claims was 3,839,000, a decrease of 603,000 from the previous week's revised level. The previous week's level was revised up by 15,000 from 4,427,000 to 4,442,000. The 4-week moving average was 5,033,250, a decrease of 757,000 from the previous week's revised average. The previous week's average was revised up by 3,750 from 5,786,500 to 5,790,250.
