What weekly unemployment claims reveal about the local impacts of the COVID-19 recession

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“Over the past two months, the coronavirus pandemic has devastated large swaths of the U.S. labor market, with more than 36 million American workers filing claims for unemployment insurance. Just last week, the Bureau of Labor Statistics (BLS) reported that the national unemployment rate reached 14.7% by mid-April, its highest level since the Great Depression—even as the agency acknowledged that the rate is likely considerably higher”

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