Lockdown Sees US Job Cuts in April Highest Single Month Ever

#23622
Helmholtz Watson
Participant

US initial jobless claims 3169K v 3100K estimate

initial jobless claims 3169K v 3100K estimate. Prior week revised to 3846K v 3839K previously reported
initial jobless claims 4 week moving average 4173.5K v 5035K last week

continuing claims 22647K v 19800K estimate. Prior week revised to 18011K vs 17992K previously reported
continuing claims 4 week moving average 17097.75K v 13297.5K last week

The highest insured unemployment rates in the week ending April 18
Vermont (25.2), West Virginia (21.9), Michigan (21.7), Rhode Island (20.4), Nevada (19.9), Connecticut (18.7), Puerto Rico (17.9), Georgia (17.3), New York (17.2), and Washington (17.1).

The total number of jobless claims since mid March has risen by 33.5 million