U.S. Jobless Claims Fall But Still At Record-High Levels

Another 837,000 Americans filed first-time unemployment claims in just the last week.

Pandemic Unemployment: What Happens When Benefits Never Arrive?
A person files an application for unemployment benefits on April 16, 2020, in Arlington, Virginia. (Olivier Douliery/AFP/Getty Images)
Pandemic Unemployment: What Happens When Benefits Never Arrive?
A person files an application for unemployment benefits on April 16, 2020, in Arlington, Virginia. (Olivier Douliery/AFP/Getty Images)

U.S. Jobless Claims Fall But Still At Record-High Levels

Another 837,000 Americans filed first-time unemployment claims in just the last week.

Reset checks in with economist Diane Swonk about what the latest jobs numbers mean for the overall economic recovery.

GUEST: Diane Swonk, chief economist at Chicago-based Grant Thornton LLP