In washington coming up the rate in new unemployment claims may be leveling off but congress and the white house look to be stocked yet again on a stimulus plan and the pressures continue to rise across the globe due to the pandemic swine flu and unpredictable weather well tell you what this could mean for those who are already struggling to get enough to we have a lot to get through to a lot of markets. We begin today with jobless claims as u. S. Unemployment fell just slightly for the week ending on october 3rd to a fresh pandemic low the u. S. Labor department reported initial jobless claims at 840000 worse than expected showing the labor market is still experiencing a slow recovery while the economy is still growing its been a gradual comeback as concerns rise over another wave of layoffs without another federal relief package still some 25500000 americans are collecting some sort of benefits so for more on this and the overall state of the economy and markets we bring in boom bust
Your record deal is 800000 businesses that have permanently closed their doors so unfortunately its going to be at least 2 years were getting back to we were and by the way thats if you believe the Prescription Drug hell. And a viable economy comes from or rolling trillions upon trillions of dollars and drinking it all right the number were looking at still its lower than a 1000000 that we were saying at the beginning of the pandemic but its still pretty high its just over 800000 still closer to a 1000000. Why are we still losing 840000 people i mean were supposed to be underwhelming route to recovery by the way if you look at continuing claims including pandemic unemployment assistance were at 20000000 people there are still seeking dont really need and this should not be the case for an economy that is supposedly in a violent the shape recovery just not james well its definitely not. The case christine meanwhile after pulling the plug on stimulus negotiations the Airline Industry is
This is boom bust the one business show you cant afford to miss unfair montecito in washington coming up the rate in new unemployment claims may be leveling off but congress and the white house look to be stocked yet again on a stimulus plan to continue to rise across the globe due to the pandemic swine flu and unpredictable weather will tell you what this could mean for those who are already struggling to get enough to eat we have a lot to get to the law that starts. We begin today with jobless claims as u. S. Unemployment fell just slightly for the week ending on october 3rd to a fresh pandemic low the u. S. Labor department reported initial jobless. 840000 worse than expected showing the labor market is still experiencing a slow recovery while the economy is still growing its been a gradual comeback as concerns rise over another wave of layoffs without another federal relief package still some 25500000 americans are collecting some sort of benefits so for more on this and the overal
Bangar what they see as political bias protests in the democratic republic of congo over the appointment of a new Electoral Commission change. And washingtons n. F. L. Team drops the redskins name and logo off to criticism or offensive to native americans. So then a strategic stretch of water is a new source of tensions between the u. S. And china u. S. Extra state might pump poses that beijings claims to the South China Sea are completely unlawful and it will not be allowed to treat it as its maritime empire its rich in oil and gas and fishing resources and china is Building Military bases on several assholes the 5 Southeast Asian nations also claim parts of the sea and last week the us navy held military exercises. Take a close look at it you can see that china claims about 90 percent of the South China Sea including going to ship the Spratly Islands and thats disputed by the philippines and vietnam and others discover a reef thats claimed by china and the philippines and that partic
Countries are headed in the wrong direction. The virus remains public enemy number one. Anger at what they see as political bias protests in the democratic republic of congo on the appointment of a new Electoral Commission chief. We look at steps being taken to protect a british socialite in jail and a Court Appearance on sex trafficking charges. So then a strategic a stretch of water is a new source of tension between the United States and china your set your state might pump air says that beijings claims to the South China Sea are completely unlawful and it will not be allowed to treat it as its maritime empire its rich in oil gas and fishing resources and china is Building Military bases on several assholes but 5 Southeast Asian nations also claim parts of the sea and last week the u. S. Navy held military exercises. So lets take a close look at china claims about 90 percent of the South China Sea including ownership of the Spratly Islands which are disputed by the philippines by vi