U.S. Initial Jobless Claims Fall to New Pandemic Low

The video discusses the current economic data, highlighting a decline in jobless claims and signs of labor market recovery. It notes a consumer demand shift from goods to services and ongoing supply chain bottlenecks. The upcoming jobs report is anticipated, with expectations of strong numbers, though the Delta variant poses uncertainties.

What are the ongoing issues affecting industries and businesses as mentioned in the text?

What impact has the Delta variant had on expectations for the jobs report?