Coronavirus: California jobless claims hint unemployment nearing 15%

Coronavirus: California jobless claims hint unemployment nearing 15%

4 years ago
Anonymous $9CO2RSACsf

https://www.siliconvalley.com/2020/04/09/coronavirus-california-jobless-claims-hint-unemployment-nearing-15/

It looks like the battle against coronavirus has put 1-in-7 Californians out of work.

A new federal count of initial unemployment claims shows 925,450 Californians seeking benefits in the week ended April 4. That’s down by 132,875 in seven days — but only because the previous week’s tally was revised upward by 179,598 to a record 1.06 million.

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