New Weekly Jobless Claims A Grim Sign For U.S. Economic Recovery

The U.S. Department of Labor released new jobless numbers Thursday, and they’re not what economists hoped for.

New Weekly Jobless Claims A Grim Sign For U.S. Economic Recovery
A woman checks information as information signs are displayed at IDES (Illinois Department of Employment Security) WorkNet center in Arlington Heights, Ill., Thursday, Nov. 5, 2020. Illinois reports biggest spike in unemployment claims of all states. Nam Y. Huh / AP Photo
New Weekly Jobless Claims A Grim Sign For U.S. Economic Recovery
A woman checks information as information signs are displayed at IDES (Illinois Department of Employment Security) WorkNet center in Arlington Heights, Ill., Thursday, Nov. 5, 2020. Illinois reports biggest spike in unemployment claims of all states. Nam Y. Huh / AP Photo

New Weekly Jobless Claims A Grim Sign For U.S. Economic Recovery

The U.S. Department of Labor released new jobless numbers Thursday, and they’re not what economists hoped for.

Weekly jobless claims in the U.S. jumped to 853,000 last week — the highest since September. Nearly every state saw an increase in claims, with Illinois leading the pack.

Reset takes a closer look at the latest spike in jobless numbers and what it means for the state of economic recovery in the U.S.

GUEST: Charlie Herman, NBC News business producer