Pandemic economy: Good jobs news, Delta variant concerns, and 'this worker shortage is real'
Jobless claims were even better than estimates and continuing claims hit a pandemic-era low -- pretty good news even as things feel a little uncertain during the Delta variant's rise in the United States. But even as jobless claims improve, this worker shortage is real and you can see the evidence in restaurant windows everywhere.
The Week in Philly from KYW Newsradio
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Show Notes
There's a lot to talk about in the economy this week. Jobless claims were even better than estimates and continuing claims hit a pandemic-era low -- pretty good news even as things feel a little uncertain during the Delta variant's rise in the United States. But even as jobless claims improve, this worker shortage is real and you can see the evidence in restaurant windows everywhere. One other big thing to note, consumer confidence took a dramatic hit -- what's behind the sudden dip? 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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