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Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks - CNBC
May 21, 2020 30 secs

First-time filings for unemployment insurance totaled 2.44 million last week as the tail effects of the coronavirus shutdown continued to impact the U.S.

Economists surveyed by Dow Jones had been looking for 2.4 million claims.

In addition, a review from last week brought the number down substantially, from 2.98 million to 2.69 million.

economy, some 38.6 million workers have filed claims.

The total for the week ending May 9 was 25.07 million, an increase of 2.52 million from the previous week.

Along with the 25 million unemployed as indicated by the continuing claims, there are another 2.23 million claims under the Pandemic Unemployment Assistance program and 167,727 under the Pandemic Emergency Unemployment program?

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