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Data: U.S. Employment and Training Administration via FRED; Chart: Andrew Witherspoon/Axios

Another 4.4 million Americans filed for unemployment last week, according to Labor Department data released Thursday.

Why it matters: While the pace of layoffs is easing, more than 26 million Americans have filed jobless claims in recent weeks as the coronavirus pandemic takes a never-before-seen toll on the job market.

Between the lines: The labor market wreck is likely worse than the government's figures suggest.

  • Unemployment offices across the country have been overwhelmed by the deluge of filings and processing has been delayed. Additionally, they're racing to catch up to the adjusted requirements for unemployment laid out in the federal coronavirus stimulus.
  • California, Florida, Texas and Georgia saw the biggest surge in new unemployment claims.

The bottom line: The official unemployment rate for April won't be released until next month, but economists predict the figure could rival that seen during the Great Depression.

Go deeper: Axios' Dan Primack tackles the topic in today's Pro Rata Podcast ...

Go deeper

Updated Oct 7, 2020 - Health

World coronavirus updates

Expand chart
Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

New Zealand now has active no coronavirus cases in the community after the final six people linked to the Auckland cluster recovered, the country's Health Ministry confirmed in an email Wednesday.

The big picture: The country's second outbreak won't officially be declared closed until there have been "no new cases for two incubation periods," the ministry said. Auckland will join the rest of NZ in enjoying no domestic restrictions from late Wednesday, Prime Minister Jacinda Ardern said, declaring that NZ had "beat the virus again."

CDC director says he was not involved in decision to change coronavirus data reporting

CDC director Robert Redfield testified Friday that he was not involved in the Trump administration's decision to bypass his agency and instead have hospitals send coronavirus data to the Health and Human Services Department.

Why it matters: According to the COVID Tracking Project, data on coronavirus hospitalizations has been "unstable since July 15" — five days after the change.