U.S. Jobless Claims Surge to 853,000 Amid Covid Lockdowns

The video discusses the recent increase in jobless claims, highlighting a significant rise from the previous week. It also covers the current state of unemployment benefits, noting a decrease in the number of recipients. Additionally, the video examines inflation trends, with a slight increase in the Consumer Price Index (CPI) and core rate, and anticipates future inflation changes as the economy recovers from the pandemic.

What is the current core inflation rate mentioned in the text?

What is expected to happen to inflation as we move into 2021?