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Eye-popping 3.3 million new unemployment claims: These states were hardest hit
Remember when, last week, the Trump administration asked states to stay hush-hush about how many people were applying for unemployment? Those numbers are now public: Nearly 3.3 million Americans filed new unemployment claims last week, meaning that more than 5 million Americans will soon be receiving unemployment benefits as the coronavirus pandemic continues to ravage the economy. In graphics, the chart looks like this: Horrific economic toll. 3.2 million initial weekly jobless claims in one week. Previous crises and recessions are barely a blip on this chart. image Many of those newly jobless applicants came ... (full story)
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