U.S. Weekly Jobless Claims Rise But Remain Near Half-Century Low

The transcript discusses a rise in weekly applications and first-time claims, which economists use to monitor layoffs. Despite this increase, there is positive news as the total number of Americans on unemployment has dropped to its lowest since 1969.

What was the increase in week to week applications for unemployment claims?

• 10,000

• 15,000

• 21,000

• 25,000

What was the total number of applications for the week ending May 14th?

• 200,000

• 210,000

• 218,000

• 225,000

By how much did the four-week average of first-time claims increase?

• 5,000

• 8,000

• 10,000

• 12,000

What do economists generally use these unemployment numbers to track?

• Job creation

• Layoffs

• Economic growth

• Inflation

What significant milestone was mentioned regarding the total number of Americans on unemployment?

• Lowest since 1980

• Lowest since 1990

• Lowest since 2000

• Lowest since 1969