Though and that is the fact that for Unemployment Benefits a large expanded during this downturn during that for obvious reasons as well and its funny when that happens it makes it very difficult to compare the unemployment numbers. Because were doing very Different Things so that you have lost if you have the same as youve been as youve unemployment before and the same kind of benefits what kind of train starting point would we have seen over concourse odds that question but it is clear we are much much higher so it makes a comparison very very difficult but so as long as you have those use that image ability requirements and larger payouts and the covert partial shutdowns of this were going to carol see high unemployment has come through so that is not going to change anytime soon i think as long as this situation goes on will concurrency well especially of these sectors are already struggling and looks like a lot of these employees arent coming back and theyre having more and more l
Years. On people still die i dont know which question are still alive arent being allowed to live where so many have. This is boom bust the one business so you cant afford to miss im sorry monteith aopa in washington coming up the Labor Department reported a steady fall from the week before on jobless claims but still higher than expected well thats because what this means for the overall economy and market. To u. S. Companies may be closer to finishing the deal for tech top but out trump and ministration may just have to wait for china to give the ok well get the latest from the dean of the Miami Harvard Business School and we have a lot to get here so lets get started. We begin with the unemployment numbers as weekly jobless claims took an unexpected turn for the worse for the week ending on september 19th Labor Department reported 870000 americans filed for unemployment thats up from the week prior with 866000 the Labor Department remains stuck at a pretty high level here still abov
From the dean of the Miami Harvard Business School and we have a lot to get cute but. We begin with the unemployment numbers as weekly jobless claims took an unexpected turn for the worse now for the week ending september 19th Labor Department reported 870000 americans filed for unemployment thats up from the week prior with 166000 the Labor Department remains stuck at a pretty high level here still above their peak 65065000 during the Great Recession that was between 20072009 the data comes as u. S. Lawmakers still havent come to an agreement on a new round of stimulus something the Federal Reserve argues is needed for economic recovery earlier this week Federal Reserve chairman Jerome Powell and u. S. Treasury secretary Stephen Newton well they expressed concerns over more need for aid. Password will depend on keeping the virus under control and on policy all see actions taken at all levels of government we continue to work with congress on a bipartisan basis to pass a face for Relie
Is honored at the capitol where he served for more than 30 years. How his colleagues and future leaders are honoring his legacy. And safe to ride . Electric moped rentals are on the rise during this pandemic. How a series of rececent accidents, including one that killed a tv reporter, is leading to new questions about their safety. Very scary stuff. First, heres todays eye opener. Its your world in 90 seconds. The Moderna Vaccine has officially entered the final stage before approval. Theres never been anything like this in terms of speed. A huge leap forward in the development of a vaccine against coronavirus. We go from not even knowing what the virus was in early january to a phase three trial is really record time. Republicans unveiled another covid19 relief bill. It would reduce emergency benefits from 600 a week to 200. What the heck is going on . A Top National Guard officer will testify before a committee disputing the white houses account of events that led to protesters being
Im going crazy thing in all the time. How to handle on new lies in times of the koran a pandemic d. W. Reporter peter drugs just like everyone else and shes looking for answers and thankfully with the help of too many expect a few of them what. Is the thank you is not life as we know it. In this example our new web series. Where are the 2000000000 euros german Payments Firm why are car now says that the missing revenue on his books may not exist while the latest on a massive corporate scandal. New york reopens offices and restaurants can the big apple get back to business. And the pandemic is rattling businesses around the world. But its the smallest firms that are being hit hardest well explain. This is your Business Report im Stephen Beard its good to have you with us 1900000000 euros and thats the gaping hole in the Balance Sheet a german Payments Firm why are card the blue chip listed firm now says the money probably doesnt exist a scandal has led to a frantic sell off of its stock