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Jul 9, 2020

Don’t get too excited about that slight dip in weekly jobless claims

States that are seeing large spikes in COVID-19 cases are also seeing jumps in first-time unemployment claims. The Supreme Court rules on who can have access to President Trump’s tax records. And, should internet service be treated like a utility?

The persistently elevated level of layoffs are occurring as a spike in virus cases has forced six states to reverse their move to reopen businesses. — The persistently elevated level of layoffs are occurring as a spike in virus cases has forced six states to reverse their move to reopen businesses.
Dia Dipasupil/Getty Images

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Segments From This Episode

1.31 million people filed for unemployment last week, 100,000 fewer than the week before
Diane Swonk, chief economist at Grant Thornton, says some states are going in the wrong direction when it comes to both numbers of COVID-19 cases and weekly jobless claims.
Supreme Court rules Manhattan DA can obtain Trump’s tax records, pushes back on congressional subpoena
by Associated Press
Chip Somodevilla/Getty Images
The Supreme Court on Thursday upheld a prosecutor’s demand for President Donald Trump’s tax returns as part of a criminal investigation.
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Should we treat internet service like a public utility?
by Sabri Ben-Achour, Chris Farrell, Meredith Garretson Morbey and Candace Manriquez Wrenn
Sandra Mu/Getty Images
The idea is that internet is not a luxury, but a fundamental part of participating in the economy.
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Music from the episode

The Team

Don’t get too excited about that slight dip in weekly jobless claims