Another 1.5 million Americans filed for first-time unemployment benefits last week

Excerpted from CNN By Anneken Tappe and Tami Luhby, CNN Business

New York (CNN Business) The US economy is reopening gradually but America’s joblessness crisis continues to roar on.

Another 1.5 million Americans filed for first-time unemployment benefits last week on a seasonally adjusted basis, the Department of Labor reported on Thursday.

Although initial jobless claims have been falling every week since peaking at 6.9 million in the last week of March, millions of people remain reliant on government aid to make ends meet since the pandemic eliminated their jobs.

More than 44 million people have filed for initial unemployment benefits since mid-March, when then US economy shut down to prevent the spread of Covid-19.

You can read the full article here.