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Jobless Claims

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745,000 Americans filed for jobless benefits

The Labor Department reported 745,000 Americans filed for unemployment benefits for the first time last week, an increase of 9,000 from the previous week. The latest numbers come as President Biden and Senate Democrats agreed to limit which Americans receive a $1,400 stimulus check. CBS News' Skyler Henry reports on the latest from the White House, and Lori Bettinger, co-president of BancAlliance and a former director of the Troubled Asset Relief Program during the Obama administration, joined CBSN to discuss the unemployment numbers.

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Fewer jobless claims filed

In the week ending December 26, 787,000 people filed first-time jobless claims, down 19,000 from the week before. Norm Champ, former director of the investment management division at the U.S. Securities and Exchange Commission and author of "Mastering Money: How to Beat Debt, Build Wealth, and Be Prepared for any Financial Crisis," spoke with Jamie Yuccas on CBSN about these numbers, the economic effect of not passing a bigger stimulus bill and how the economy is changing because of the crisis.

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