California Sees One Million Unemployment Claims

“California Gov. Gavin Newsom said that the state has seen one million unemployment claims in less than two weeks as the coronavirus pandemic has led to businesses being shutdown across the state,” CNBC reports.

“Newsom’s announcement comes one day before a key national data release on new jobless claims for the United States, which some have projected to be in the multi-millions. The initial claims data has never before surpassed 1 million, and it was 285,000 last week.”