Weekly Jobless Claims Decrease

The video discusses the recent drop in weekly unemployment claims to 576,000, a decrease of 193,000 from the previous week. It provides a perspective by comparing this to the January peak of 900,000 claims. Economists are optimistic about the economic recovery as more Americans get vaccinated.

What was the recent number of weekly unemployment claims reported?

• 900,000

• 383,000

• 769,000

• 576,000

How many claims did the weekly unemployment claims decrease by from the previous week?

• 300,000

• 250,000

• 193,000

• 100,000

What was the peak number of weekly unemployment claims in January?

• 576,000

• 700,000

• 900,000

• 1,000,000

Why are economists hopeful about the current unemployment numbers?

• Because the stock market is rising

• Due to increased government spending

• Because of a decrease in taxes

• As more Americans are getting vaccinated

What is the sign that the economy might be starting to recover?

• Increase in interest rates

• Higher inflation rates

• Decrease in consumer spending

• Decrease in unemployment claims