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WATCH: What The Latest Jobs Numbers Say About A U.S. Economic Recovery
By: PBS Newshour
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WASHINGTON, D.C. (NewsHour) — The number of weekly jobless claims is the lowest since the economic shutdown began in March, but it remains far above what the U.S. has experienced during other financial crises.
Jerome Powell, chairman of the Federal Reserve, said earlier this week that he expects unemployment to remain elevated for years to come.
David Wessel of the Brookings Institution joins PBS NewsHour’s Judy Woodruff to discuss.