US Hits Another 5.2M Jobless Claims

This morning the Department of Labor announced the Initial Jobless Claims for the week ended April 11th, the seasonally adjusted claims came in at 5,245,000, a decrease of 1,370,000 from the previous week’s revised level.

Source: Department of Labor

The largest increases in initial claims for the week ending April 4 were in Georgia (+256,312), Michigan (+84,219), Arizona (+43,488), Texas (+38,982), and Virginia (+34,872), while the largest decreases were in California (-139,511), Pennsylvania (-127,037), Florida (-58,599), Ohio (-48,097), and Massachusetts (-41,776).

Source: Department of Labor

Information for this briefing was found via the Department of Labor. The author has no securities or affiliations with any of the mentioned securities. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

4 Responses

Video Articles

Agnico Q1 Earnings Results Overshadowed By A Sinking Gold Price

Why More People Are Starting to Feel Broke | Darrell Thomas – VRIC Media

Newmont Q1 Earnings: A Billion In Free Cash Flow… A Month!

Recommended

Altamira Gold Extends Maria Bonita Porphyry System Westward With 70.6 Metres At 0.51 g/t Hit

Antimony Resources Reports 13.9% Antimony in Latest Drill Core at Bald Hill

Related News

New Home Sales in the US Suffer Biggest Drop Since 2013

With unemployment numbers in the millions due to economic lockdowns across the entire country and...

Saturday, April 25, 2020, 02:00:00 PM

GM Down to Two Shifts at Missouri Plant After Employees Stop Showing Up as Coronavirus Fears Mount

As coronavirus cases continue to rise at alarming levels across the US, many Americans have...

Tuesday, July 14, 2020, 07:45:00 PM

Canada’s Federal Government Allocates $3.3 Billion Towards Pandemic Resistant Infrastructure

The Liberal government has made available a total of $3.3 billion in funds for provinces...

Wednesday, August 5, 2020, 05:57:03 PM

Mnuchin: Fed to Make $4 Trillion Dollars of Loans Available to Small Businesses, Plus $3k Cheque to Families

Sweet Jesus! This morning US Treasury Secretary Steven Mnuchin was on Fox Business and said...

Sunday, March 22, 2020, 11:41:32 AM

Almost Half of Canadians Said They Were Insolvent BEFORE The Shutdown

In a survey completed by MNP on March 5th 2020, they found 29% of Canadians...

Thursday, April 2, 2020, 09:25:04 PM