Massachusetts Sees Another 38,000 New Unemployment Claims

New jobless claims in Florida stabilize week to week | Raleigh News & Observer

A week earlier, CT corrected its count to show 29,846 new claims for the regular state program from a previously reported 298,680, explaining most of a 294,000 downward revision in the U.S. Labor Department's adjusted figure for the week ended May 9.

As New Jersey continues to see a flattening of the curve COVID-19 outbreak, the state has seen a rise in unemployment rates since pandemic began.

The Labor Department reported Thursday that 2.44 million Americans filed for first-time benefits in the week that ended May 16, bringing the total to some 38.6 million workers in the nine weeks since the coronavirus-induced lockdown has closed large parts of the USA economy.

The number of jobless claims filed in the nine weeks since states began stay-at-home orders that temporarily closed businesses deemed nonessential now tops 38 million.

The number of laid-off Kentucky workers seeking assistance continued to decline last week, when about 47,000 people applied for jobless benefits as the economy shifts into more activity.

These workers generally do not qualify for regular unemployment insurance, but to get federal aid for virus-related job and income losses they must first file for state benefits and be denied.

The number of Floridians who filed new unemployment claims last week remained nearly unchanged from the previous week, suggesting some stabilization in job losses as Florida businesses have started reopening after being closed to stop the spread of the new coronavirus, according to labor figures released Thursday.

The additional weekly $600 created by the new Federal Pandemic Unemployment Compensation program is retroactive to the week ending April 4 and is available through July 25. The number of Tennesseans filing continuing claims also fell slightly last week, suggesting at least some employees are returning to work.

Initial jobless claims for regular state programs totaled 2.44 million in the week ended May 16, Labor Department figures showed Thursday.

Differences in how frequently people claim continued benefits in states are yet another reason why it's become more hard to get a precise read on week-to-week changes in the labor market at the state level. But state unemployment systems were overwhelmed by the load and backlogs developed.

"The sharp rise in continuing claims the week before illustrates that the easing of lockdowns in many states has not yet resulted in any large-scale recall to work for those now on temporary layoff", said Paul Ashworth, chief USA economist at Capital Economics in Toronto.

The government reported that 6.1 million people had their applications for the PUA program processed in the week ending May 2.



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