Weekly Jobless Claims Jump As Powell, Mnuchin Ask Congress For Relief

The video discusses the recent rise in unemployment claims, slightly exceeding economists' expectations. Federal Reserve Chairman Jerome Powell and Treasury Secretary Steve Mnuchin testified before the Senate Banking Committee, urging more financial relief. The future depends on virus control and policy actions. Nearly half of U.S. states report an increase in COVID-19 cases, with CDC Director Robert Redfield warning of potential risks. Despite ongoing unemployment, Democrats and Republicans have not agreed on a new stimulus package, with uncertainty looming as the 2020 election approaches.

What was the number of unemployment claims reported last week?

• 750,000

• 1,000,000

• 900,000

• 870,000

Who testified before the Senate Banking Committee calling for more financial relief?

• President Joe Biden

• CDC Director Dr. Robert Redfield

• Vice President Kamala Harris

• Federal Reserve Chairman Jerome Powell and Treasury Secretary Steve Mnuchin

What percentage of the U.S. population remains susceptible to COVID-19 according to the CDC director?

• 100%

• 50%

• 90%

• 70%

What is the main reason for the political stalemate between Democrats and Republicans?

• Disagreement over healthcare policies

• Disagreement over another round of stimulus

• Disagreement over foreign policy

• Disagreement over education reform

What is the uncertainty mentioned in the final section regarding the 2020 campaign?

• Whether a new education reform will be implemented

• Whether a new healthcare bill will be passed

• Whether a new foreign policy will be adopted

• Whether a stimulus deal will be reached before Election Day