US unemployment claims double in a week to 6.6m

European Commission proposes €100bn package to soften Covid-19 pandemic’s effect on EU economy

Aaron Rogan

News Correspondent @aarrogan
2nd April, 2020
US unemployment claims double in a week to 6.6m
Boeing is reported to be offering staff voluntary redundancies. It is not yet clear how many of the company’s 150,000 staff may be accepted in the scheme. Picture: Getty

The depth of the downturn caused by the Covid-19 pandemic was further illustrated today as the number of people newly unemployed in the US hit a record 6.6 million.

Figures from the US labour department showed the number of claims last week climbed to 6.65 million, up from 3.3 million the previous week.

The number exceeded most forecasts and will cause concern about the length of a recession caused by the coronavirus. Some analysts have suggested that the...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Almost one in ten Pup recipients were ineligible, Public Accounts Committee to hear

Taoiseach promises a ‘comprehensive’ plan to roll out vaccines for children

Analysis: Case numbers high as vaccines for children approved and booster rollout slows

Firms seek full Covid supports as Varadkar says new curbs are ‘peculiar’