More than 400,000 people in Tennessee have filed unemployment claims, Gov. Bill Lee announced at a news conference on Friday. The claims add up to about 15% of the state’s workforce.
Lee also said the state suffered an $870 million loss in revenue in March, and that state officials predict a $5 billion loss to Tennessee’s GDP in 2020.
Yesterday, the US Department of Labor announced that first-time claims for unemployment benefits totaled 4.4 million in the week ending April 18, after factoring in seasonal adjustments.