Unemployment benefit claim filings decrease Sunday, but likely to continue to climb
(WorldNews Business)

The ebb and flow to state unemployment insurance benefit claims continued Sunday with a decrease in filings to 16,164. The total from March 16 through Sunday is at 423,901. The daily peak to date is 34,706 on March 20. Since March 16, the number of claims has increased 10 times from day to day and decreased eight times. By comparison, at the depth of the Great Recession of 2008-11, the state had no more than 100,000 UI claims in a month. About 87.2% of applicants are citing the COVID-19 virus as the reason for their job loss, layoff from work, reduced wages or furlough. That percentage has remained...