Almost 680K Hoosiers have filed for unemployment since the coronavirus pandemic began

2.4M more Americans file jobless claims US Labor Dept

2.4M more Americans file jobless claims US Labor Dept

The study, released by WalletHub, says Kentucky is the 8th most-affected state last week when it comes to an increase in unemployment claims due to COVID-19. Construction and the professional services sector have also suffered job cuts.

Such industries as retail, entertainment and recreation were shuttered and residents ordered to stay home to slow the spread of the coronavirus. Retailers that furloughed store associates, for instance, are starting to reopen their stores. Restaurants can reopen dining rooms Friday at 33% capacity. Economists were estimating 24.25 million continuing claims for the week.

Nationwide unemployment hit a peak of 24.9 percent amid the Great Depression, and a post-Depression height of 10.8 percent in December, 1982.

A monthly report on the state's unemployment rate, to be released Friday, will provide a more accurate picture of the state's unemployment rate in April.

The Department of Labor figures published Thursday morning showed that 2.4 million filed Americans initial claims for unemployment benefits in the week ending May 16.

Eligible Oklahomans will receive 13 more weeks of unemployment benefits for the period beginning the week of March 29 through the week of December 26.

Coronavirus: UK Covid-19 toll over 41,000, with 10,000 care homes deaths
She added: "Social care has not had the same priority as the NHS and these services have not been treated as inexplicably linked". Such a high United Kingdom death toll increases the pressure on Johnson, who says the government is following scientific advice.

While high unemployment figures remain a big red flag for the American economy, the stock market has been steadily regaining the losses it experienced in February and March.

State Labor Secretary Rosalin Acosta said her department has boosted its capacity to respond to the surge in applicants.

"We're very pleased to see the balance begin to shift this week with the number of new claims trending downward and the number being processed curving upward", Labor Commissioner Robert Asaro-Angelo said in a statement.

Surveys suggest these numbers under represent the number of people who lost their jobs. But state unemployment systems were overwhelmed by the load and backlogs developed.

The federal government has been shipping in an extra $600 a week to state unemployment benefits, making the program much more generous.

Recommended News

  • May 19 Plumas COVID testing update

    May 19 Plumas COVID testing update

    Statewide, officials reported 53,009 total confirmed cases of COVID-19 and a death toll of 5,060 Wednesday, May 20. A patient is considered to have recovered 21 days after a confirmed case report is provided to the county.
    Free antibody tests will be made available on NHS

    Free antibody tests will be made available on NHS

    England's deputy chief medical officer, Professor Jonathan Van-Tam, last week promised the tests would be rolled out "rapidly" . These people will be informed that they don't have antibodies but can test again at another time if they wish.
    DeSantis Erupts Over Media’s Prediction of Florida Catastrophe — BEASTMODE

    DeSantis Erupts Over Media’s Prediction of Florida Catastrophe — BEASTMODE

    Afterward, Pence will join in a roundtable with hospitality and tourism industry leaders to discuss their plans for reopening. Ron DeSantis to discuss Florida's phased economic reopening, according to a release.
  • Apple's iPhone 12 might come without EarPods

    Apple's iPhone 12 might come without EarPods

    Let's assume analyst Ming-Chi Kuo is correct, and the iPhone SE (2020 ) is the last Apple handset to ship with EarPods. While Prosser doesn't say anything about his sources, he does have a good track record when it comes to past leaks.
    India to allow some domestic flights from May 25

    India to allow some domestic flights from May 25

    Bookings for domestic flights , which are scheduled to be operated from May 25, are likely to open on Thursday. Domestic passenger flights will resume from Monday "in a calibrated manner", the government said today.
    Zack Snyder Announces 'Justice League' Director's Cut

    Zack Snyder Announces 'Justice League' Director's Cut

    After the film failed critically and commercially, fans began wondering how it would have turned out if Snyder had stayed on. Soon after, Warner Bros' chairman, Toby Emmerich, contacted Snyder and his wife and producing partner, Deborah.
  • AstraZeneca plans to ship Oxford Covid-19 vaccine in September

    AstraZeneca plans to ship Oxford Covid-19 vaccine in September

    The Moderna vaccine is based on directly injecting genetic material, RNA, which then kicks the human immune system into action. The investment will accelerate the development and production of the vaccine, AstraZeneca Chief Executive Pascal Soriot said.
    Biden holds 11-point lead over Trump

    Biden holds 11-point lead over Trump

    Trump has more support from male voters by 7 points, but Biden is heavily preferred by women voters, according to the poll. Quinnipiac's April poll had Biden at an 8-point advantage. 39% of voters polled say they would keep Trump in office.
    Children In Colorado Identified With Suspected Coronavirus-Linked Disease

    Children In Colorado Identified With Suspected Coronavirus-Linked Disease

    The disease called multisystem inflammatory syndrome has been identified in NY and elsewhere in the country. Children's Hospital Colorado is one of the leading research institutions for MIS-C in the entire country.
  • Scientists in China believe new drug can stop pandemic 'without vaccine'

    Scientists in China believe new drug can stop pandemic 'without vaccine'

    Sunney Xie said that they injected the drug into the mice and the viral load was reduced by a factor of 2500 after five days. A Chinese laboratory at Peking University believes it has found a drug with the power to bring COVID-19 to an end.
    Government issues guidelines for air travel from May 25

    Government issues guidelines for air travel from May 25

    Apart from the use of the app, the use of masks and gloves, and thermal screening of passengers will also be mandatory. But that can't be compensated from inflating the ticket prices, the aviation ministry has said to the airlines.
    West Suffolk Hospital confirms death of coronavirus patient

    West Suffolk Hospital confirms death of coronavirus patient

    The daily figures include Covid-19 patients whose deaths were confirmed in the previous 24 hours, not who died in that period. When the data released on Tuesday is included, the regional death toll rise to more than 4,500.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.