Another 2.91 Million Americans Filed for Unemployment Last Week好消息是,这些数字,同时斯图nning in aggregate, are on the decline.

ByKenny Herzog

Getty Images/Yellow Dog Productions

The Department of Labor has released its latest jobs statistics, and the numbers once again reflect a record-shattering period of mass layoffs and furloughs. During theweek ending May 9, an additional 2,981,000 Americans — according to seasonally adjusted advance figures — filed for unemployment. This is actually a decrease of 195,000 applications from the previous week's revised total of 3,176,000, continuing a steady downward trend as we find ourselves deeper into nationwide lockdowns but at a further remove from the initial slashing of part- and full-time positions in hard-hit industries like the service and hospitality sectors.

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More than 35 million American workers have lost their jobs since the economy was all but cordoned off in early to mid-March. As more states weigh measures to gradually reopen against potential public-health consequences, some are optimistic that unemployment data will begin looking less foreboding in the short-term.

In aninterview with CNBCfollowing the DOL's latest report, Paul Ashworth, chief U.S. economist at Capital Economics, remarked, "With most states only beginning to ease their lockdowns within the last 10 days, we expect a much bigger swing in hiring versus firing over the next couple of weeks, which suggests the unemployment rate will begin to drop back."

Though even if that's the case, there remains concern about whether those still collecting weekly unemployment benefitswill be able to access them.

Wavy Line
Kenny Herzog

Entrepreneur Staff

Digital Content Director

Kenny Herzog is currently Digital Content Director at Entrepreneur Media. Previously, he has served as Editor in Chief or Managing Editor for several online and print publications, and contributed his byline to outlets including Rolling Stone, New York Magazine/Vulture, Esquire, The Ringer, Men's Health, TimeOut New York, A.V. Club, Men's Journal, Mic, Mel, Nylon and many more.

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