Jobless Claims Rise To 898,000 Following Weeks Of Layoffs

Jobless Claims Rise To 898,000 Following Weeks Of Layoffs

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The transcript discusses the unexpected rise in unemployment claims, attributed to layoffs in the airline and entertainment sectors. It highlights the challenges of passing a stimulus package before elections and the impact of the lack of enhanced unemployment benefits on millions of Americans. The increase in poverty since May is noted, with economists warning that insufficient relief could hinder recovery. Governments are advised to maintain financial support to avoid prolonging economic difficulties.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What do economists warn could prolong the recovery?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice is given to governments regarding financial support?

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