U.S. Jobless Claims Top 5.2 Million To Hold Near Record Highs

The video discusses the significant rise in jobless claims, totaling over 21 million in four weeks, and the impact on housing data. It highlights the challenges faced by gig workers in accessing unemployment benefits due to outdated state systems. The economic impact is severe, with job losses nearly wiping out gains since the 2010 financial crisis. Revised jobless numbers and a sharp decline in housing starts further illustrate the crisis's impact.

What challenges are mentioned regarding gig workers and unemployment claims?

What was the impact of the crisis on housing starts as mentioned in the text?