Coronavirus impact: USA weekly jobless claims top 5.2 million in latest week

Wearing a face mask and using a stick to keep his distance to help prevent coronavirus spread a jobless man named Paul panhandles at an intersection in Falls Church Virginia US

Wearing a face mask and using a stick to keep his distance to help prevent coronavirus spread a jobless man named Paul panhandles at an intersection in Falls Church Virginia US

Due to the forced closure of all kinds of trades and business running all over the U.S. owing to the pandemic, the number of Americans filing in for the state unemployment benefits has sky-rocketed which has been estimated to amounts as high as 5.245 million by last week alone, the U.S. Labor Department stated on Thursday.

Thursday's claims report also showed the number of people continuing to receive benefits after an initial week of aid surged 4.530 million to a record 11.976 million in the week ending April 4.

"This marks the highest level of the seasonally adjusted insured unemployment rate in the history of the seasonally adjusted series".

According to the Kansas Department of Labor, 58,818 residents received unemployment last week, but that underscores the issue residents are having reporting and getting reimbursed for claims. Another reason for elevated claims is that Americans are getting through on outdated or overwhelmed systems after previously being stymied. It was slightly above economists' expectations for about 5.1 million claims in the week ending April 11.

A man wearing a face mask directs the homeless for food donations, amid an outbreak of the coronavirus disease (COVID-19), outside the Glide Memorial Methodist church in the Tenderloin district of San Francisco, California, US March 20, 2020.

The World Health Organization amid the coronavirus
The president instituted travel restrictions on China in late January, later extending it to the European Union and U.K. Despite Trump's recent move, the American private organization has signaled that it will continue to support the WHO.

Last month, retail sales plunged by a record 8.7%, while manufacturing output dropped by the most in more than 74 years.

"My anxiety is through the roof right now, not knowing what's going to happen", said Laura Wieder, who was laid off from her job managing a now-closed sports bar in Bellefontaine, Ohio. All told, roughly almost 12 million people are now receiving unemployment checks, roughly matching the peak reached in January 2010, shortly after the Great Recession officially ended. That would be more than double the contraction that occurred during the 2008-2009 recession, which was the worst downturn since the Great Depression of the 1930s.

"We have been working constantly to come up with innovative ways to help Alabamians get the answers they need during this period of uncertainty", said Labor Department Secretary Fitzgerald Washington in a statement.

Workers, now more than ever before, are signing up for unemployment but the number of claims in South Dakota are down.

New unemployment claims continue to skyrocket in Kansas and Missouri.

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