US Jobless Claims Reach 840,000
The government says another 840,000 people have filed for unemployment for the first time.
The numbers are down from last week, but they’re still higher than economists expected.
The government says the numbers are a pandemic low but are still higher than before the pandemic started.
More than 464,000 people have filed claims for pandemic unemployment assistance.
Added together, more than 1 million people have filed for regular and pandemic unemployment assistance.
Continued claims were also down more than experts expected. Those dropped to 11 million.
Nearly 16,000 new unemployment claims were filed in the Michigan last week.
That’s down nearly 4,000 from the previous week’s total of more than 19,000 claims.
Statewide unemployment claims are far below the peak number of claims filed during this pandemic, which came the week of April 4.
That’s when more than 388,000 people in Michigan filed for unemployment benefits.
For comparison, at this same time last year well before the pandemic broke out, there were around 6,800 new unemployment claims in the state.