Jobless claims rise by nearly 3 million, bringing coronavirus total to 36.5 million

New filings for unemployment claims totaled just shy of 3 million for the most recent reporting period, a number that while still high declined for the sixth straight week, according to Labor Department figures Thursday.

The total 2.981 million new claims for unemployment insurance filed last week brought the coronavirus crisis total to nearly 36.5 million, by far the biggest loss in U.S. history. The count announced last week count was revised up by 7,000 to 3.176 million, putting the weekly decline at 195,000 between the two most recent reports.

Economists surveyed by Dow Jones had been expecting the latest count of new claims to be 2.7 million.

Stock fell after the report in another losing day on Wall Street.

https://www.msn.com/en-us/money/markets/jobless-claims-rise-by-nearly-3-million-bringing-coronavirus-total-to-365-million/ar-BB144Vhs?li=BBnbfcL&ocid=hplocalnews