A July jobs report that saw 1.8 million new jobs created and a lowering of the national unemployment rate comes amid negotiations in Washington over a second stimulus package. However, the pace of hiring appears to be slowing as more states slow down or roll back their re-openings. I joined CBS This Morning: Saturday to discuss what this all means, and what the numbers say about the future of the U.S. economy.
The economy added 1.8 million jobs in July, dropping the unemployment rate to 10.2%. I joined CBS This Morning to discuss the numbers and whether a second wave of layoffs is expected at small businesses.
Two key reports show the impact of the pandemic. I joined CBS This Morning to explain what the historic drop in GDP and rise in weekly unemployment claims mean for the country's economy.
The economy added another 4.8 million jobs in June, dropping the new unemployment rate to 11.1%. I joined CBS This Morning to discuss whether the data indicates the beginning of economic recovery.
More than 1.5 million Americans filed for unemployment last week. I joined CBS This Morning to discuss what the latest numbers mean and what soaring retail sales could indicate for an economic recovery.
More than 2.1 million Americans filed for unemployment last week, bringing the number of jobless claims to more than 40 million over the last 10 weeks. I joined CBS This Morning to discuss which industries are scrambling to hire some of those workers.
Nearly 3 million Americans filed new unemployment benefit claims last week, according to the Department of Labor on Thursday. That means more than 36 million workers have filed for unemployment benefits in the past eight weeks. I joined CBS This Morning to explain the significance of the numbers.
The U.S. economy lost 20.5 million jobs in April amid the coronavirus pandemic. The national unemployment rate soared to 14.7% last month, the highest since the Great Depression. I joined CBS This Morning to discuss.
This week saw another significant spike in unemployment claims. Just over 4 million Americans filed for unemployment, bringing the pandemic's five-week total to roughly 26 million people without jobs. President Trump recently signed off on nearly $500 billion extra in addition to the initial coronavirus stimulus package, designed to help mitigate the pandemic's blow to the economy. I joined CBS This Morning to discuss what all of this means for the U.S. and American workers.
More than 5 million people filed for unemployment in the last week as coronavirus lockdowns continue through the country. Although the number is lower than the previous two weeks, the figure rounds out a grim four-week span in which over 20 million Americans filed jobless claims. I joined CBS This Morning to talk about what that figure means for the U.S.'s road to economic recovery.
Over 15 million Americans applied for unemployment benefits over the last three weeks, a devastating reflection of the coronavirus pandemic's impact on the economy. Many people, even those who do not know if they will still be employed, are looking for information to help navigate the uncertainty. I joined CBS This Morning to respond to some of viewers' critical personal finance questions.