U.S. Jobless Claims Jump by Most Since March

U.S. Jobless Claims Jump by Most Since March

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The video discusses an unexpected rise in jobless claims, with an increase of 200,000 to 965,000, contrary to expectations of a decline due to seasonal factors. The total number of people claiming benefits fell by 745,000, but this data is two weeks old. Pandemic unemployment claims rose by 123,000, affecting gig workers and independent contractors due to government delays. The report highlights the economic impact of COVID-19 and its implications for policy decisions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the revised number of jobless claims mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Who were the individuals mentioned that were able to get unemployment benefits?

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