Weekly Jobless Claims Grind Lower but Backlogs, Layoffs Linger

Weekly Jobless Claims Grind Lower but Backlogs, Layoffs Linger
Visitors to the New York State Department of Labor are turned away at the door by personnel due to closures over CCP virus concerns in New York City, N.Y., on March 18, 2020. John Minchillo/AP Photo
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WASHINGTON—Millions more Americans filed for unemployment benefits last week as backlogs in processing claims continue to be cleared and disruptions from the CCP virus unleash a second wave of layoffs, pointing to another month of staggering job losses in May.

The Labor Department’s weekly jobless claims report, the most timely data on the economy’s health, showed a surge to a record high in the number of people on unemployment rolls, suggested that businesses were probably in no rush to rehire workers as they reopen.