US jobless claims reach 20 mln as economic pain deepens worldwide
US jobless claims Thursday increased more than 20 million in just four weeks, an unprecedented collapse fueling widening protests and propelling President Donald Trump’s push to relax the nation’s social distancing guidelines.
Trump planned to announce new recommendations later in the day, despite warnings from business leaders and governors that more testing and protective gear are needed first.
The government said 5.2 million more people applied for unemployment benefits last week, bringing the running total to about 22 million out of a U.S. work force of roughly 159 million — easily the worst stretch of U.S. job losses on record.
source: AP
