Unemployment Claims Soar With 965,000 Jobless Claims Filed Last Week

The video discusses the impact of the pandemic on the labor market, highlighting a surge in unemployment claims to 965,000, the highest since late August. Pre-pandemic figures were around 225,000 but have remained above 700,000 since September. The increase in layoffs is linked to a recent surge in COVID-19 deaths, with over 3,900 reported on a single day.

What was the number of unemployment claims reported last week?

Who reported the figures regarding unemployment claims?

How does the current unemployment figure compare to pre-pandemic levels?

What event coincided with the increase in layoffs?

What was the reported number of COVID deaths on Wednesday?