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Initial jobless claims fall to a pandemic low

The Department of Labor reported Thursday 406,000 Americans filed new jobless claims last week, down 38,000 from the previous week and a new pandemic low. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Programs during the Obama Administration, joined CBSN to discuss what these numbers mean for the U.S. economy.
May 27, 2021 (04:39)
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