Millions more people in the US filed for unemployment benefits last week, sending the total above 30-million for the six weeks since the coronavirus pandemic began to shutter businesses across the country.

Initial jobless claims totalled 3.84-million this week, following 4.44-million the week before. Economists had projected 3.5-million claims.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now