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Coronavirus unemployment: California workers file one-fifth of all U.S. jobless claims

California workers suffer out-sized job losses compared with United States

California workers filed fewer first-time claims for unemployment benefits last week — yet workers in the state still accounted for a brutally high one-fifth of all the jobless claims filed in the United States, federal officials reported Thursday.

Layoffs continue to hound California workers in the wake of wide-ranging business shutdowns ordered by state and local government agencies to combat the coronavirus.

“California continues to have an outsized number of claims, relative to the rest of the nation,” said Michael Bernick, an employment attorney with law firm Duane Morris and a former director of the state Employment Development Department.

The statewide workforce is just 7.2% of the nation’s labor force — yet during the week that ended on Oct. 24, California accounted for a whopping 20.3% of all the initial unemployment claims filed in the country.

The only bright spots for the state’s weak economy: Initial unemployment claims have decreased in California for three weeks in a row, and dropped by 7,800 last week, when an estimated 152,100 workers filed for benefits, the U.S. Labor Department reported Thursday.

Nationwide, 751,000 workers filed first-time jobless claims, down 40,000 from the prior week, the government reported.

Despite the modest improvement in California, a chasm divides California from other major states, even those that suffered great economic damage from coronavirus-linked business shutdowns.

No other state reported more than 55,000 claims last week. Read more via SiliconValley

Pemo Theodore

Pemo is a Media Publisher & Event Producer. She is CoFounder/CEO Silicon Valley TV She is the Executive Producer of FinTech Silicon Valley & organizes Bay Area FinTech meetup: Silicon Valley FinTech meetup & Blockchain Music meetup with almost 3k members. She has produced Silicon Valley Events for Investors & Startups 7 years. She video interviews venture capitalists & angel investors & FinTech experts. She partners with videographers to cover San Francisco Bay area startup conferences & meetups with livestreaming, video & foto packages Silicon Valley TV She is based in Silicon Valley & has been involved in online business for 14 years. She has been in small business for 46 years in Ireland, London, Canada & Australia. She also published a free ebook (the findings of 1 year research from VCs, angels & women founders) “Why are Women Funded Less than Men? a crowdsourced conversation” She was TheNextWomen‘s most prolific contributor of 2011. Silicon Valley TV has been noted as a platform for supporting high growth women led companies in Huffington Post

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