The Labor Department's latest report says roughly 3.8 million Americans filed for unemployment last week. The figure, comparatively lower than the last five weeks, brings the six-week total to 30 million U.S. workers filing jobless claims. The devastating total reflects the coronavirus pandemic's effect on the economy, despite trillions of dollars in stimulus spending. I joined CBS This Morning to break down the staggering figures.
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.
The Labor Department says 4.4 million Americans filed for unemployment, bringing the total number to roughly 26 million jobless claims in the last five weeks since the pandemic began. I break down the number and the pandemic's impact on the economy on CBS This Morning.
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.
The Labor Department's newest weekly jobless claims report shows 6.6 million Americans applying for unemployment over the last week. The previous two weeks saw around 10 million U.S. workers filing, a grim record that reflects the coronavirus pandemic's massive weight on the economy. I joined CBS This Morning to break down what the latest numbers mean for workers today and the future of the U.S. economy.
The Labor Department has announced that it received over 6 million jobless claims in one week, significantly higher than the previous week's record-setting 3.3 million. I joined CBS This Morning to weigh in on what the latest report means for the U.S. economy and what out-of-work Americans can do to help themselves and their families.
New unemployment claims for the most recent measured week totaled 3.28 million. Facing an unprecedented event, the government is taking unprecedented measures as America's economy hits the crisis stage. But there are also firms that are hiring in response to the pandemic. Here’s my piece for CBS Sunday Morning.
The CARES Act, signed into law on Friday, is the largest economic stimulus package in history. The bill allocates $2.2 trillion to people and businesses negatively impacted by the coronavirus’ effects on the economy. I joined CBS This Morning: Saturday to explain if and how the stimulus will affect you.