Unemployment claims surged in the US in the third week of March, increasing above 3 million, as the country shut down and then jumped higher to above 6 million for a coupe of weeks. Claims have been cooling off since then, but they have remained still quite high, despite the decline. Last week, jobless claims fell below 1 million for the first time since mid March, so the situation is getting better, but claims are still pretty high.

US Weekly Initial Jobless Claims Report