Coronavirus: California jobless claims slow, still 16 times normal pace
The pace of Californians filing for unemployment benefits cooled last week. But that’s about the only good news from the weekly tally of initial jobless claims.
In the week ended April 11, 660,966 filings were made statewide, according to the U.S. Department of Labor. Yes, that’s down 257,848 in seven days, but it’s still huge.
Consider that last week’s claims were roughly 16 times more than a typical week before the novel coronavirus entered the economic picture. And not
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