Another 2.4 million Americans file for jobless aid

Automatic TRANSCRIPT

Six the labor department has released its weekly jobless claims report and it's clear the corona virus continues to take its toll on the economy and American workers CBS news business analyst Jill Slazenger tells us two point four million people filed for unemployment benefits last week bringing the total number of people to nearly forty million she also tells us a Congressional Budget Office report projects the recovery will take longer as of the end of twenty twenty one the U. S. economy will be one point six percent smaller than it was in December of twenty nineteen CBO also believes the unemployment rate will remain above fifteen percent through September it is also likely to be above nine percent by the end of twenty

Coming up next