1.1 million more file #unemployment, 55 million #jobless under #COVID19 @usdol

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The United States Department Of Labor delivered staggering unemployment numbers once again, calculated at 1,186,000, but significantly lower from last week by 249,000, breaking the 2 week unemployment increase which last week inched up to 1,435,000, plus 55 million have filed for unemployment in 20 weeks since March when COVID19 was declared a pandemic.

The insured unemployment rate also dropped too last week by 0.6 percent to 11 percent, and those receiving unemployment insurance dropped significantly for the time being under 17 million to 16,107,000, as some states still wrestle with reopening procedures under COVID19.

As businesses across the country still move heaven and earth to survive COVID19 by pivoting to sustainable models to keep the lights on, bringing wealth back to the United States is very key during this pandemic.

Daniel Quintanilla

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