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Weekly jobless claims decline as GDP rebounds
Posted
October 29, 2020
Views
2,090
Likes
38
Comments
17
Engagement
2.63%
October 29, 2020
2,090
38
17
2.63%
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5:08Now PlayingTwo new economic reports reflect the impact of the ongoing coronavirus pandemic. The Labor Department says 751,000 Americans filed first-time unemployment claims for the week of October 24th, down 40,000 from the previous week. Also, U.S. GDP rebounded after a historically low second quarter. Bankrate's Washington bureau chief and senior economic analyst Mark Hamrick joins CBSN to discuss what this means for the economy and the potential impact on the 2020 election.
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