U.S. Unemployment Stays Stubbornly High And Expected To Stay That Way

More than 840,000 Americans applied for new state unemployment benefits in the last week.

The stock market fell after President Trump tested positive for the coronavirus at a time when investors were already getting concerned about the pace of the economic recovery and the lack of a new stimulus bill from Congress.
The stock market fell after President Trump tested positive for the coronavirus at a time when investors were already getting concerned about the pace of the economic recovery and the lack of a new stimulus bill from Congress.
The stock market fell after President Trump tested positive for the coronavirus at a time when investors were already getting concerned about the pace of the economic recovery and the lack of a new stimulus bill from Congress.
The stock market fell after President Trump tested positive for the coronavirus at a time when investors were already getting concerned about the pace of the economic recovery and the lack of a new stimulus bill from Congress.

U.S. Unemployment Stays Stubbornly High And Expected To Stay That Way

More than 840,000 Americans applied for new state unemployment benefits in the last week.

New unemployment numbers out Thursday show the country’s economic recovery continues to slow, with another 840,000 Americans filing for new state unemployment benefits in the last week. That’s roughly four times the number the country saw per week before the pandemic.

Reset checks in with Marketplace contributor Chris Farrell on the state of the economy heading into the winter months.

GUEST: Chris Farrell, senior economics contributor for Marketplace