U.S. Jobless Report: Unemployment Claims Rise Above 21 Million

The video discusses the surge in unemployment claims in the US, reaching over 21 million, with predictions of a 20% unemployment rate due to the COVID-19 pandemic. The pandemic has reversed economic gains since October, with significant declines in manufacturing and retail sectors. The automotive industry and public-facing sectors like retail and leisure have been hit hard. A new government program aims to assist small businesses, but many unemployed individuals face challenges in accessing state unemployment services.

What was the total number of unemployment claims filed by Americans last week?

What do some economists predict the unemployment rate could reach in April?

How has the coronavirus pandemic affected the US economy since October?

Which industries have been particularly hard hit by the economic downturn?

What is the purpose of the new government program mentioned in the text?