Weekly Jobless Claims Fall More Than Expected To 1.18 Million

The video discusses the current state of unemployment claims in the U.S., noting a decrease to 1.18 million claims, the lowest since March, but still marking the 20th consecutive week above one million. It highlights the anticipation for the upcoming July jobs report, with economists predicting a slight drop in the unemployment rate to 10.5%. The video also covers ongoing negotiations between lawmakers on a new stimulus package, emphasizing its importance for small businesses and the potential for executive action by President Trump if no agreement is reached.

How many consecutive weeks have unemployment claims been above 1 million?

• 10 weeks

• 15 weeks

• 20 weeks

• 25 weeks

What is the expected unemployment rate for July according to economists?

• 9.5%

• 10.5%

• 11.5%

• 12.5%

What was the unemployment rate in June?

• 11.1%

• 10.1%

• 12.1%

• 9.1%

What is the main concern for small businesses in the current economic climate?

• Rising taxes

• Lack of skilled workers

• Increasing competition

• Next round of stimulus

What action did President Trump say he might take if a stimulus agreement isn't reached?

• Dissolve Congress

• Take executive action

• Call for a national referendum

• Increase tariffs