29K unemployment claims filed in Tennessee last week
- Author: Delia Davidson May 15, 2020,
May 15, 2020, 0:26
The main drag is quiet in Old Orchard Beach on May 7 just weeks before the summer tourist season starts.
Nearly 37 million workers have made new unemployment claims over a devastating eight weeks of job losses that have scuppered hopes of a brisk economic recovery.
According to the labor department, the state still has the second-highest unemployment rate in the country.
But contrary to Trump's tweet, joblessness continues to grow in Florida and Georgia, states whose governors have been among the quickest to push reopening, with 221,905 and 241,387 new benefit claims filed in the most recent week, respectively. Trump seized on the dismal numbers to call for easing lockdowns so people can get back to work.
The Labor Department said it would release a detailed breakdown in the coming weeks.
Weekly figures from the Department of Labor indicate 3 million Americans filed initial claims for unemployment last week.
Economists polled by Reuters had forecast applications for unemployment benefits totaling 2.5 million in the latest week.
State of OH announces budget cuts
Coronavirus cases continue to climb in adult and juvenile prisons in OH , according to county, state and federal agencies. Earlier this week, DeWine, a Republican, said that he is ultimately the person responsible for making such decisions .
Tourism, food services and retail top those sectors suffering job losses, according to the unemployment claims data.
The Washington state Employment Security Department will report its own jobless numbers at 10 a.m. Thursday.
Colorado is paying out the same amount of unemployment benefits on a monthly basis during the COVID-19 outbreak that it typically does in a year, but initial unemployment claims dropped again last week in Colorado as most of the state moved to the safer at home phase.
Thursday's report comes as retailers and restaurants were allowed to reopen in 12 of Maine's counties this week.
The advance seasonally adjusted insured unemployment rate for the nation was 15.7 percent for the week ending May 2, an increase of three-tenths of one percent from the previous week. That continues a four-year streak of record low unemployment, but the rate is based on labor force information culled during the week of March 12, before new restrictions curtailed economic activity in ME to halt the spread of the coronavirus.
Almost three million more American people filed for unemployment benefits in the week ending May 9, according to the U.S. Department of Labor as the COVID-19 pandemic continues to batter the labor market. That brings the eight-week total to 36.5 million.