US jobless claims soar past 30 million
NEW YORK (AP) — Bleak new figures Thursday underscored the worldwide economic pain inflicted by the coronavirus: the number of Americans filing for unemployment benefits has climbed past a staggering 30 million, while Europe’s economies have gone into an epic slide.
The statistics are likely to stoke the debate over whether to ease the lockdowns that have closed factories and other businesses.
While many states and countries have pressed ahead, health officials have warned of the danger of a second wave of infection, and some employers and employees have expressed fear of going back to work when large numbers of people are still dying.
In the US, the government reported that 3.8 million laid-off workers applied for jobless benefits last week, raising the total to 30.3 million in the six weeks since the outbreak took hold.
The layoffs amount to 1 in 6 American workers and encompass more people than the entire population of Texas.
Some economists say that when the US unemployment rate for April comes out next week, it could be as high as 20% — a figure not seen since the Depression of the 1930s, when joblessness peaked at 25%.
The number of Americans thrown out of work could be much higher than the unemployment claims show, because some people have not applied and others couldn’t get through to their states’ overwhelmed systems.
A poll by two economists found that the US may have lost 34 million jobs.
Follow The Gleaner on Twitter and Instagram @JamaicaGleaner and on Facebook @GleanerJamaica. Send us a message on WhatsApp at 1-876-499-0169 or email us at onlinefeedback@gleanerjm.com or editors@gleanerjm.com.

