One in Five Americans Applied for Unemployment in the Last Three Weeks

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One in Five Americans Applied for Unemployment in the Last Three Weeks

The number of unemployment claims continues at record-breaking levels, with an astounding 20 percent of Americans filing for first-time jobless benefits since mid-March. Though these numbers remain staggeringly high, the total number of unemployment filings has dropped for the fifth week in a row, suggesting that COVID-19 may be loosening its grip on the economy slightly.

Image via Flickr/Mike Cohen

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