New York (CNN Business) Millions more Americans filed for unemployment benefits last week, as the coronavirus crisis continued to weigh on the US economy. Unemployment benefits are one of the key forms of financial aid that are helping families plug the gap. About 29% of workers in Hawaii have filed first-time unemployment claims since March 14, as its tourism industry has come to a standstill. The nation's official unemployment rate is estimated from a survey of about 60,000 households — not the number of unemployment claims. On Wednesday, Federal Reserve Chairman Jerome Powell said it would be a while until February's historically low unemployment rate of 3.5% would be achieved again.

Source: CNN April 30, 2020 12:34 UTC