OH adds another 42363 unemployed last week; national total nears 41 million

OH adds another 42363 unemployed last week; national total nears 41 million

OH adds another 42363 unemployed last week; national total nears 41 million

In a glimmer of hope, the overall number of people now drawing jobless benefits in the US fell for the first time since the crisis began, from 25 million to 21 million, suggesting some companies are starting to rehire. The $2.5 billion program provides $600 in weekly aid to anyone getting benefits from April 4 through July 25.

Andrew Stettner, a senior fellow at The Century Foundation, told Politico that about half the people who have applied for benefits since the coronavirus shutdowns began have received them, while others are stuck waiting as overwhelmed state agencies with sometimes unreliable websites and processes try to keep up.

The coronavirus crisis threw at least 2.1 million Americans out of work last week despite the gradual reopening of businesses around the country, stoking fears Thursday that the scourge is doing deep and potentially long-lasting damage to the USA economy. Overall, 40.8 million Americans have filed for unemployment in the past 10 weeks.

As the coronavirus outbreak has caused record number of people to seek unemployment benefits Washington state officials said Thursday that impostors have used the stolen information of tens of thousands of people to receive hundreds of millions of dollars in unemployment benefits. This indicates the number of unemployed workers eligible for and receiving benefits after their initial claim.

Additionally, states are on different timelines, meaning openings will be staggered and industries such as travel and leisure will take months to years to rebound. Many workers are making more through state and federal unemployment benefits than they were working and have chosen to stay home instead of risking catching the virus. But other employers are still laying off workers in the face of a deep recession.

Additionally, higher-than-normal unemployment checks are keeping a portion of the labor market at home.

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