US jobless claims eclipse previous week’s record high
Economy will require more fiscal support, say current and former senior government officials
The number of Americans applying for unemployment benefits last week was more than double the previous week’s figure, which itself was a record high.
A total of 6.65 million people applied for unemployment insurance as the coronavirus pandemic ravaged the US economy, dwarfing the previous week’s 3.28 million new applicants.
In total, nearly 10 million Americans applied for unemployment insurance between March 16 and 27. Large parts of the US economy have had to shut down due to restrictive
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