U.S. Jobless Claims Fall, Signaling Gradual Improvement

The video discusses recent changes in unemployment claims, highlighting both seasonally and non-seasonally adjusted numbers. It addresses the pandemic unemployment assistance program, noting potential issues with data accuracy and fraud. The housing market is also covered, with a focus on declining housing starts and historically low mortgage rates. Finally, the video examines economic projections, emphasizing a slow labor market recovery according to the Federal Reserve.

What was the annual rate of housing starts reported, and how does it compare to previous trends?

What does the Federal Reserve project for the unemployment rate by the end of 2023?