1.3 Million Americans File Jobless Claims

The video discusses the decline in unemployment claims, with over 48 million Americans filing since the pandemic began. It highlights the June jobs report, which showed 4.8 million jobs added, but questions the sustainability of this growth due to rising COVID-19 cases. The increase in cases has led states to adjust reopening plans, potentially hindering employment recovery. Large employers like United Airlines and Brooks Brothers are facing challenges, with potential furloughs and bankruptcies looming.

How many Americans have filed for unemployment since the pandemic began?

• Over 60 million

• Over 10 million

• Over 20 million

• Over 48 million

What was the reported job growth in June?

• 2.5 million jobs

• 3.6 million jobs

• 4.8 million jobs

• 5.2 million jobs

What is causing uncertainty about the future job growth momentum?

• Increased interest rates

• Decreasing consumer spending

• Global trade tensions

• Rising COVID-19 cases

Which company announced potential furloughs for 36,000 employees?

• Delta Airlines

• United Airlines

• Southwest Airlines

• American Airlines

What significant action did Brooks Brothers take amid the pandemic?

• Merged with another company

• Laid off 10,000 employees

• Filed for bankruptcy

• Opened new stores