[Mick]

In the week ending May 16, the advance figure for seasonally adjusted initial claims was 2,438,000, a decrease of 249,000 from the previous week's revised level. The previous week's level was revised down by 294,000 from 2,981,000 to 2,687,000.

https://www.dol.gov/ui/data.pdf

the 9 week total now ~38.6m people

Please note, the DoL is officially undercounting initial unemployment claims. Heidi Shierholz, senior economist at the left-leaning Economic Policy Institute, noted that the number of new claims filed last week is likely closer to 3.3 million, based on how DOL now separates its data.

The unadjusted raw number of claims filed in regular state unemployment programs last week totaled at 2.2 million workers. But the report indicates another 1.1 million Americans also sought jobless aid under the new temporary Pandemic Unemployment Assistance program.

Finally, a downard revision, by 300,000 for the previous week's claims.  

Anyway, 38.6 million freshly unemployed over nine weeks.  405 Americans out of work for every American death related to the coronavirus. With the 2x factor of lives impacted by those lost jobs, about 1,200 Americans negatively impacted for every American COVID-19 death.

[Mick]

In the week ending May 16, the advance figure for seasonally adjusted initial claims was 2,438,000, a decrease of 249,000 from the previous week's revised level. The previous week's level was revised down by 294,000 from 2,981,000 to 2,687,000.

https://www.dol.gov/ui/data.pdf

the 9 week total now ~38.6m people

Please note, the DoL is officially undercounting initial unemployment claims. Heidi Shierholz, senior economist at the left-leaning Economic Policy Institute, noted that the number of new claims filed last week is likely closer to 3.3 million, based on how DOL now separates its data.

The unadjusted raw number of claims filed in regular state unemployment programs last week totaled at 2.2 million workers. But the report indicates another 1.1 million Americans also sought jobless aid under the new temporary Pandemic Unemployment Assistance program.

Finally, a downard revision, by 300,000 for the previous week's claims.  

Anyway, 38.6 million freshly unemployed over nine weeks.  405 Americans out of work for every American death related to the coronavirus. With the 2x factor of lives impacted by those lost jobs, about 1,200 Americans negatively impacted for every American COVID-19 death.