The number of Americans filing initial claims for unemployment rose to more than 6.6 million for the week ended April 4, according to the Department of Labor.
Nearly 17 million people have filed unemployment claims in the last three weeks as the coronavirus pandemic wreaks havoc across the global economy.
More than 90% of Americans are under stay-at-home orders to contain the spread of the virus, which has infected more than 430,000 people in the U.S.
“In its first month alone, the coronavirus crisis is poised to exceed any comparison to the Great Recession,” Daniel Zhao, senior economist at the recruiting firm Glassdoor, said. “The new normal for unemployment insurance claims will be the canary in the coal mine for how long effects of the