U.S. jobless claims exceed six million for second week in a row
Share:
WASHINGTON (Reuters) - A staggering 16.8 million Americans have filed for unemployment benefits in the last three weeks, with weekly new claims topping 6 million for the second straight time last week as the novel coronavirus outbreak relentlessly savages the economy. Thursday's weekly jobless claims report from the Labor Department, the most timely data on the economy's health, strengthens economists' expectations of job losses of up to 20 million in April and their conviction that the economy..