Coronavirus live updates: Outbreak boosts jobless claims to record, US cases post steep rise
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 480,446
- Global deaths: At least 21,571
- US cases: At least 69,197
- US deaths: At least 1,046
The data above was compiled by Johns Hopkins University.
8:30 am: Weekly jobless claims soar to 3.28 million
Americans displaced by the coronavirus crisis filed unemployment claims in record numbers, with the Labor Department reporting a surge to 3.28 million for the week ended March 21.
The number shatters the Great Recession peak of 665,000 in March 2009 and the all-time mark of 695,000 in October 1982. Businesses across the country have shut down amid a policy of social distancing aimed at keeping the virus’s growth in check. Individual states have reported websites crashing amid …continued .
[Source: CNBC News]