U.S. Initial Jobless Claims Fall to 1.48 Million, Still Worse Than Forecast

The video discusses the recent economic data, focusing on jobless claims and durable goods orders. Jobless claims have decreased slightly, but the numbers remain high, indicating ongoing economic struggles. The video also highlights the importance of pandemic assistance for gig workers. Additionally, durable goods orders have increased more than expected, with a notable rise in capital goods orders excluding defense and aircraft. The key question remains when people can return to work to fulfill these orders.

What was the recent trend in jobless claims in the southern states?

• No change

• A surge

• A significant decrease

• A slight increase

How did the pandemic assistance for self-employed and gig workers change recently?

• It decreased by 42,000

• It was eliminated

• It remained the same

• It increased by 42,000

What was the expected increase in durable goods orders?

• 10.5%

• 15.8%

• 5.2%

• 12.3%

Which category of goods orders showed a 2.3% increase?

• Defense goods

• Capital goods without defense and aircraft

• Durable goods

• Aircraft orders

What is the main question regarding economic recovery?

• When will durable goods orders decrease?

• When will the virus end?

• When will people return to work?

• When will jobless claims stop?