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US unemployment rises by 2.4m despite easing of coronavirus lockdowns


Another 2.4 million Americans filed for unemployment insurance last week even as states across the US began opening up for business again, betting that the coronavirus pandemic is now under control. The latest figures from the Department of Labor mean close to 39 million Americans have lost their jobs in just nine weeks. The rate of weekly losses has slowed sharply from its peak of 6.6m at the start of April but remains at levels unseen since the 1930s Great Depression.

The Guardian - May 21, 2020

View the full story here: https://www.theguardian.com/business/2020/may/21/us-unemployment-figures-jobs-lost-coronavirus