(Bloomberg) -- The number of Americans filing for unemployment benefits surged to a record 3.28 million last week as businesses shuttered and laid off workers as part of efforts to slow the spread of the coronavirus.
Initial jobless claims in the week ended March 21 were up from 282,000 in the prior week and more than quadruple the previous record high of 695,000 in 1982, according to Labor Department figures released Thursday. The figures date back to 1967.
Economists’ projections for the figure ranged as high as 4.4 million.
©2020 Bloomberg L.P.