Number of People on State or Federal Unemployment Insurance Jumps to 32.1 Million, Second Highest Ever: Week 20 of U.S. Labor Market Collapse

by Wolf Richter
Wolf Street

Some people returned to work, but 1.64 million newly-out-of-work people filed for state or federal unemployment insurance. Labor market at essentially the same level of terribleness for months.

The total number of people who continued to claim unemployment insurance under all state and federal unemployment programs jumped by 1.3 million from the prior week to 32.12 million (not seasonally adjusted), the Department of Labor reported this morning. It was the second highest ever.

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