1.87 Million Americans File Jobless Claims Amid State Reopenings

The video discusses the impact of the pandemic on American jobs, noting that jobless claims have significantly increased compared to the Great Recession. Economists predict a 20% unemployment rate, with 8 million jobs lost in May. However, an ADP report suggests a smaller loss of 2.7 million jobs, though it may not account for furloughed employees. Over 42.6 million Americans have filed jobless claims in the past 11 weeks.

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