1.54 Million Americans Filed for Unemployment Last Week
 
1.54 Million Americans Filed for Unemployment Last Week

1.54 Million Americans Filed
for Unemployment Last Week.
The U.S. Labor Department
released the unemployment
numbers on Thursday.
The number of jobless claims
was just below economists’
predictions of 1.55 million claims.
1.897 million Americans
applied for unemployment
insurance the previous week.
More than 44 million Americans
have filed jobless claims in
the past three months.
Continuing claims
nearly topped 21 million.
The numbers follow the May jobs report,
which revealed that more than two million jobs
were added to the U.S. economy in May.
Initial jobless claims continued the gradual downward trend. But it is still hard to square the claims figures with the much more upbeat news on the labor market from May’s Employment Report, Capital Economics, via Yahoo Finance

US jobless claims climb to 30 million in 6 weeks – VIDEO
 
US jobless claims climb to 30 million in 6 weeks – VIDEO

The Labor Department released the tally of the most recent jobless claims on Thursday. First-time claims for the week ending on April 25 increased by more than 3.84 million. (Las Vegas Review-Journal)

Oil prices plummet to minus $37 a barrel – VIDEO
 
Oil prices plummet to minus $37 a barrel – VIDEO

U.S. crude prices reached their lowest level on record, with West Texas Intermediate crude dropping to minus $37.63 a barrel on April 20. (Las Vegas Review-Journal)

US weekly jobless claims jump by 6.6 million – VIDEO
 
US weekly jobless claims jump by 6.6 million – VIDEO

Jobless claims reached more than 16 million Americans on April 9. This equates to 10 percent of the workforce who have lost their jobs in the last three weeks. (Las Vegas Review-Journal)

Amazon blocks sale of N95 masks to public – VIDEO
 
Amazon blocks sale of N95 masks to public – VIDEO

Amazon established a new section of its website where U.S.-accredited hospitals or state or federal agencies can apply for supplies. N95 masks, surgical masks, facial shields, surgical gowns, surgical
gloves and large-volume sanitizers are among the restricted items. (Las Vegas Review-Journal)

US weekly jobless claims jump to 6.6 million – VIDEO
 
US weekly jobless claims jump to 6.6 million – VIDEO

The U.S. Labor Department reported 6.6 million people filed for unemployment insurance in the past week. A reported 10 million people have filed over the past two weeks. (Las Vegas Review-Journal)

When will self-employed get unemployment money in Nevada? – VIDEO
 
When will self-employed get unemployment money in Nevada? – VIDEO

President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security Act into law March 27. It allows states to expand unemployment insurance benefits, including to independent contractors, self-employed and gig workers. (Las Vegas Review-Journal)

US weekly jobless claims soar to record-breaking 3.28M – VIDEO
 
US weekly jobless claims soar to record-breaking 3.28M – VIDEO

The U.S. Department of Labor released the shattering numbers on Thursday. Jobless claims had been as low as 282,000 the previous week. The 3.28 million jobless claims for last week is more than double the 1.5 million new claims that analysts were expecting. (Las Vegas Review-Journal)

Fed announces unprecedented actions to stabilize markets – VIDEO
 
Fed announces unprecedented actions to stabilize markets – VIDEO

The Federal Reserve announced several new measures on Monday. Among the announced programs
is a further commitment of $300 billion “supporting the flow of credit” for Main Street businesses. (Las Vegas Review-Journal)