Grant Thornton International

Business • Economy
1 in 4 U.S. workers now unemployed
The Frances Perkins Building of the U.S. Department of Labor headquarters in Washington, D.C.
The Frances Perkins Building of the U.S. Department of Labor headquarters in Washington, D.C. Credit: Ed Brown / Public domain

With another 2.1 million unemployment claims filed in the last week, the total number of jobless claims in the U.S. has passed 40 million. Though these numbers may not indicate only new layoffs as, according to chief economist at the accounting firm Grant Thornton Diane Swonk, states have been working through a backlog of claims.