Over the last 8 weeks more than 40 million have lost their livelihood

San José, CA – On Thursday, May 14, the Labor Department reported more bad news, saying that almost 3 million people applied for unemployment insurance in the previous week ending May 9. This means that over the last eight weeks more than 36 million people applied after losing jobs and income. Another 3.5 million are collecting the federal government’s Pandemic Unemployment Assistance, or PUA, which goes to the self-employed. This brings the total number of recently unemployed people to about 40 million.

Unemployment rate heading to 20% in April

San José, CA – On Thursday, April 16, the U.S. Department of Labor released their latest report on new claims for unemployment insurance, or UI, benefits showing 5.2 million more people applied. This means that more than 22 million people have lost their livelihood in the last four weeks. The number of people actually collecting unemployment insurance benefits soared to 12 million, the highest ever.