With the US Labor Department set to reveal the number of weekly jobless claims on Thursday, economists expect another 4.5 million Americans to have applied for unemployment benefits for the week ending April 18. A slight decrease on the previous week’s 5.2 million claims, it will bring the total number to around 27 million in a month. The number is greater than all the 23.3 million jobs created in the US since the 2008-2009 financial crisis. Economists broadly expect the figure to steadily decline going forward. “Claims have moved passed the peak more visibly now, but the cumulative number is still rising significantly,” Morgan Stanley
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