The Department of Labor's weekly unemployment report shows that another 2.4 million people filed for unemployment last week, bringing the total number of unemployed Americans to more than 38 million over the past nine weeks. The unemployment rate is currently 17.2 percent.
Florida led the nation in unemployment claims for the week ending May 9, with an increase of 48,222 filings. Following were Georgia (14,420), Washington (8,615), New York (4,309), and South Dakota (1,340). The largest decreases were in California (103,590), Texas (102,382), Oklahoma (54,806), North Carolina (28,602), and Missouri (21,382).
All 50 states have begun reopening; however, most economists, including former Federal Reserve Chairman Ben Bernanke, say that recovery from the COVID-19 shutdown will take at least a few years. New data from the Census Bureau shows that 47 percent of all adults say that they or someone in their household has lost a job, and report feeling anxious nearly every day, or 29.7 percent of the time.