Additional 2.4M Americans Filed Jobless Claims

An additional 2.4 million Americans filed for unemployment last week, bringing the U.S. jobless claims total to more than 38 million over the last nine weeks.

38.6 million, or 23.7% of the total U.S. workforce has filed since lock downs began in mid-March. Georgia has the most unemployment claims with 38.5% of state residents filing.

Unemployment claims are at a historic high. Years prior, the U.S. Department of Labor showed unemployment numbers weekly were at around 200,000. The four week average is now over 3 million claims.