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Jobless claims soar past 3 million to record high

Jobless claims soar past 3 million to record high --Claims had been expected to hit a record 1.5 million for the week, according to economists surveyed by Dow Jones. | 26 March 2020 | Americans displaced by the coronavirus crisis filed unemployment claims in record numbers last week, with the Labor Department reporting Thursday a surge to 3.28 million. The number shatters the Great Recession peak of 665,000 in March 2009 and the all-time mark of 695,000 in October 1982. The previous week, which reflected the period before the worst of the coronavirus hit, was 282,000, which was higher than expected at the time... The surge comes amid a crippling slowdown brought on by the coronavirus crisis.