Another 2.4 Million Workers File For Jobless Claims

The video discusses the impact of the COVID-19 pandemic on jobless claims in the U.S., with 2.4 million Americans filing for unemployment benefits last week, bringing the total to nearly 39 million since mid-March. Despite a decline in weekly claims since March, concerns remain about the unemployment rate reaching 20% and the possibility of claims not falling below 1 million soon.

What concerns do some economists have regarding jobless claims?

What is the expected unemployment rate according to government officials?