Oct 22, 2020
100,000 fewer Americans filed for first-time unemployment last week
Spencer Platt/Getty Images
It's good news, but it's not the full picture when it comes to jobless aid. Plus, California theme parks may sue over not being able to reopen. And, inside the luxury short-term rental market.
Segments From this episode
The improvements we're seeing in jobless claims numbers are not enough to lift millions out of unemployment
That’s according to Diane Swonk, chief economist at Grant Thornton. While the number of initial jobless claims fell last week, that doesn’t tell the whole story, Swonk said. “Pandemic unemployment claims, which are separate from initial unemployment, claims actually increased during the week and offset some of that improvement. We’re still averaging more than a million claims a week, which is just staggeringly high.”
California Attractions and Parks Association says theme parks in the state are exploring legal action because they haven’t been able to reopen
Marketplace’s Erika Beras reports.
Music from the episode
Weird Fishes/ Arpeggi Radiohead
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Brian Allison
Engineer
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
