National

A record 3.3 million people filed for unemployment insurance last week, a sign that the coronavirus is causing joblessness like never before. 

Why it matters: It’s the biggest spike in unemployment filings in U.S. history, as the pandemic causes businesses across the country to shut down.

The bottom line: The coronavirus — and efforts made to contain the outbreak — has likely ended the U.S.'s record-long streak of job gains.

Biggest spike in jobless claims in U.S. history

More than 3.3 million people filed for unemployment last week.

Business

Unemployment

Coronavirus

Jobs

A record 3.3 million people filed for unemployment insurance last week, a sign that the coronavirus is causing joblessness like never before. Why it matters: It’s the biggest spike in unemployment filings in U.S. history, as the pandemic causes businesses across the country to shut down.

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

Economy & Business

The U.S. faces a range of health care flashpoints — unaffordable drugs, opioids, vaping — as we debate whether to adopt universal care. For now, the Affordable Care Act is the law of the land, but Republicans want to issue it a final death blow.

Biggest spike in jobless claims in U.S. history

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