Economic Policy Institute

Business • Economy
3.2 million more filed for unemployment in the US last week

With 3.2 million more people filing for unemployment in the US last week, the total number of claims as a result of the coronavirus crisis has risen to 33.5 million since March. These numbers do not include people who aren't legible for unemployment benefits and Elise Gould, senior economist at the Economic Policy Institute, believes the real unemployment rate to be higher than what is reported.

Business • Economy
US reports 30 million filings for unemployment since March

The Labor Department reported that another 3.8 million filed for unemployment benefits in the US last week. So far over 30 million people have lost their job due to repercussions of the Covid-19 pandemic, but these numbers might not be correct a study finds. The Economic Policy Institute reports that about 50 percent more people might be out of work but didn't apply for benefits.