Another 3 million U.S. weekly jobless claims are expected in figures due Thursday as the coronavirus continues to prompt business closures. The figure in the Bloomberg forecast would lag the record 6.6 million weekly claims by more than half, which some say is strong evidence that initial claims will continue to decline. The estimate would bring jobless claims tied to the coronavirus to a staggering 33 million, nearly quadrupling the total amount of jobs lost during the 2008 recession. The level of initial claims should remain highly elevated for at least several more weeks, according to analysts. The Labor ... (full story)