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Unemployment Claims Surge By Another 5.2 Million For Week Ended April 11

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deadline.com

By Jill Goldsmith U.S. new unemployement claims jumped by 5.245 million  for the week ended April 11, down from a revised 6.6 milllion the previous week but continuing to set records with total claims filed over the past four weeks alone now at 22 million.

The closely watched statistic has become the best indicator of the impact the cornavirus pandemic is having on the U.S. economy.

Job losses have been steep across the entertainment industry with furloughs, layoffs and disappearing work from theater chains to talent agencies, theme parks and across film and television production.

Deadline reported yesterday that the $600-a-week bonus unemployment payments have started to arrive for entertainment industry workers in California who lost

Read more on deadline.com
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