2.1 million Americans filed for unemployment last week

Marco Green
May 29, 2020

The Department of Labor and Industrial Relations is warning consumers about attempts made by criminals to file imposter claims in order to receive unemployment benefits.

Economists surveyed by Dow Jones had been looking for 2.05 million. Las Vegas casinos will be resuming activities late next week, Disney resorts also have targeted July reopening dates and Los Angeles is allowing retail stores to resume business. Economists were expecting 2.1 million claims for last week, down from 2.4 million the week before.

Nationally, almost 3.9 million workers also stopped claiming state unemployment benefits last week, according to the Labor Department.

Andrew Stettner, a senior fellow at The Century Foundation, told Politico that about half the people who have applied for benefits since the coronavirus shutdowns began have received them, while others are stuck waiting as overwhelmed state agencies with sometimes unreliable websites and processes try to keep up. Continuing claims, which tally Americans' ongoing benefit claims, dropped to 21.1 million for the week ending May 16. Prior to the pandemic, the record high for weekly unemployment claims came in 2006, when 665,000 people filed for unemployment.

The initial claims figure - which represents the number of people filling out applications for jobless benefits for the first time - held above two million last week for a 10th straight week amid second-wave layoffs in the private sector, such as the 12,000 announced this week by plane manufacturer Boeing.

"A lot of those jobs are still there, and if we can get back to work promptly, safely, we have a chance of coming out of this more quickly than with downturns we've had in the past", Scalia said.

Other reports by Click Lancashire

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