Offbeat USA: Still more than 2 million new registered unemployed

17:01  21 may  2020
17:01  21 may  2020 Source:   pressfrom.com

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USA-UNEMPLOYMENT-REGISTRATIONS: USA: Still more than 2 million new registered unemployed


WASHINGTON (Reuters) - Weekly jobless claims in the United States fell last week but remain at an extremely high level, disruption from the new coronavirus triggering a second wave of layoffs.

The requests for unemployment benefits during the week to May 16 fell to 2,438,000 against 2,687,000 (revised) the previous week, announced Thursday the Labor Department. Economists expected an average of 2.4 million jobless claims.

Registrations for the previous week have been revised down from an initial estimate of 2,981,000.

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This statistic, the most recent on the state of health of the American economy, could provide first indications on the rate of hirings as more and more companies resume their activities and on the success of the governmental system of aid to small and medium-sized enterprises.

The containment measures adopted from mid-March to contain the pandemic led to the largest drop in the number of jobs in April since the Great Depression.

If weekly jobless claims remain at a considerable level, they are gradually decreasing since the record of 6.867 million reached during the week to March 28. The four-week moving average fell to 3,042,000 from 3,543,000 (revised) the previous week. The number of people regularly receiving compensation amounted to 25,073 million during the week to May 9 (last week for which these figures are available) against 22,548 million the previous week.

(Lucia Mutikani, Laetitia Volga for French service, edited by Patrick Vignal)

Police: Unemployed man says he robbed store to feed family .
BOYNTON BEACH, Fla. (AP) — An unemployed Florida man accused of robbing a beauty supply store told police he was trying to get money to feed his family, an arrest report said. Manuel Edgardo Zomora Torres, 40, apologized to officers when they arrested him on Saturday, the Palm Beach Post reported. Boynton Beach police investigators said Zomora Torres wore a camouflage bandana and blue gloves when he pointed a gun at a Sally’s Beauty Supply employee on Saturday and took an undisclosed amount of cash, the report said.Zamora Torres sped away when officers approached his vehicle at a red light, driving on the sidewalk to get away, the report said.

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