The torrent of Americans filing for unemployment insurance
skyrocketed last week as more than 6.6 million new claims were
filed, the Labor Department reported Thursday. That brings to 10
million the total Americans who filed over the past two weeks.
Economists surveyed by Dow Jones had expected 3.1 million for last
week, one week after 3.3 million filings in the first wave of what
has been a record-shattering swelling of the jobless ranks.
This is only week two.