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COVID economy update: Watching jobless claims creep back towards pre-pandemic numbers

COVID economy update: Watching jobless claims creep back towards pre-pandemic numbers

Inflation is getting a lot of headlines, but is it actually all it's cracked up to be? When are we going to see movement on interest rates? And some good news on the horizon, some substantial help is headed for families and municipalities.

The Week in Philly from KYW Newsradio

June 11, 202111m 7s

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Show Notes

Jobless claims for last week were 376,000, which is still a lot of new claims but we are slowly trending back toward numbers we haven't seen since the pandemic started. Inflation is getting a lot of headlines, but is it actually all it's cracked up to be? When are we going to see movement on interest rates? And some good news on the horizon, some substantial help is headed for families and municipalities. David Fiorenza, economist at the Villanova School of Business joins KYW Newsradio In Depth to talk about what happened this week in the economy and what it means for all of us in our daily lives.

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