Coronavirus economic updates: 5.2 million more Americans file for unemployment

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Coronavirus economic updates: 5.2 million more Americans file for unemployment
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Nearly all the job gains since the recession in the late 2000s have been wiped out in a month.

Starbucks announces plan to begin re-opening stores

The company has developed a"data-rich dashboard" with information, government data, confirmed cases and trends about COVID-19 that can be used to"influence decisions at the individual store level," he added. He said local field leaders will look at four main factors:"the local status of the public health crisis, guidance from health and government officials, community sentiment and store operational readiness."

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5.2 million more seek unemployment aid amid coronavirus5.2 million more seek unemployment aid amid coronavirusRoughly 22 million have sought jobless benefits in the past month — easily the worst stretch of U.S. job losses on record.
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U.S. Jobless Claims Top 20 Million Since Start of ShutdownsU.S. Jobless Claims Top 20 Million Since Start of ShutdownsAnother 5.2 million Americans filed for unemployment benefits last week, bringing the total seeking aid in a month of coronavirus-related shutdowns to 22 million and showing a broad shock for the U.S. labor market.
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California to provide more help for the unemployed, independent contractors and immigrants amid coronavirusCalifornia to provide more help for the unemployed, independent contractors and immigrants amid coronavirusGov. Gavin Newsom discussed the efforts on Wednesday and noted that 2.7 million Californians have filed for unemployment benefits in the last month amid the coronavirus pandemic.
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22 million Americans have filed for unemployment benefits in the last four weeks22 million Americans have filed for unemployment benefits in the last four weeksAnother 5.2 million Americans filed for unemployment benefits last week. In total, 22 million people have filed first-time claims since mid-March.
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