Unemployment Claims Drop To Their Lowest Level Since March As Pandemic Worsens

Nearly 21.2 million Americans are still collecting some form of unemployment assistance during the coronavirus pandemic.

By Nereida Moreno
The government shortfall for the fiscal year that just ended is far greater than was seen during the height of the Great Recession. The national debt now exceeds the size of the U.S. economy.
The government shortfall for the fiscal year that just ended is far greater than was seen during the height of the Great Recession. The national debt now exceeds the size of the U.S. economy.
The government shortfall for the fiscal year that just ended is far greater than was seen during the height of the Great Recession. The national debt now exceeds the size of the U.S. economy.
The government shortfall for the fiscal year that just ended is far greater than was seen during the height of the Great Recession. The national debt now exceeds the size of the U.S. economy.

Unemployment Claims Drop To Their Lowest Level Since March As Pandemic Worsens

Nearly 21.2 million Americans are still collecting some form of unemployment assistance during the coronavirus pandemic.

By Nereida Moreno
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The Labor Department reported Thursday that an additional 709,000 Americans filed for new state unemployment benefits last week. It’s the lowest figure since March, which may signal that the job market is slowly recovering. But the numbers remain stubbornly high.

Reset takes a closer look at how the U.S. economy is being impacted by COVID-19.

GUEST: Charlie Herman, NBC News business producer