An Additional 1.3 Million Americans File For Unemployment Amid Coronavirus | Hallie Jackson | MSNBC

published on July 17, 2020

THROUGH THE ENTIRE HOUR BLAYNE ALEXANDER, THANK YOU FOR JOINING US >>> BREAKING NEWS ON THE ECONOMY THE LABOR DEPARTMENT RELEASING ITS WEEKLY JOBLESS REPORT,

SHOWING ANOTHER 13 MILLION AMERICANS FILED FOR UNEMPLOYMENT BENEFITS LAST WEEK, THE 17th STRAIGHT WEEK OF MORE THAN A MILLION CLAIMS, JUST A STAGGERING NUMBER THERE

NBC’S JO LING KENT JOINS US TO BREAK DOWN THESE NUMBERS FOR US JO, WHAT IS THE PICTURE THAT IS PAINTED BY THIS 17th WEEK OF STAGGERING JOBLESS CLAIMS? >> Reporter: GOOD MORNING,

EAMON THE NUMBER HERE REALLY UNDERLINES THE FACT THAT THE ECONOMY AND SO MANY WORKERS ARE STILL HURTING VERY BADLY 13 MILLION UNEMPLOYMENT CLAIMS

FILED LAST WEEK IS JUST THE BEGINNING OF THE STORY AS I DIG DEEPER IN THE LABOR DEPARTMENT REPORT, YOU SEE THAT 928,000 PEOPLE ALSO APPLIED FOR PANDEMIC UNEMPLOYMENT

ASSISTANCE, AND THOSE ARE THE PEOPLE WHO ARE SELF-EMPLOYED PART-TIME WORKERS WHO ARE RECEIVING THAT CARES ACT MONEY AS WE LOOK AHEAD, WHEN YOU LOOK

AT THE CHART, IT’S HARD TO REALLY UNDERSTAND WHY THIS IS CONTINUING UNTIL WE LOOK AT THE NUMBER OF CASES OF CORONAVIRUS IN SOME OF THE HARDEST-HIT MICROECONOMIES, CALIFORNIA,

FLORIDA AND TEXAS AMONG THE HARDEST HIT AND THAT’S REALLY WHY YOU SEE THAT 13 MILLION NUMBER CONTINUE TO PLATEAU IN THAT GENERAL RANGE OVER THE PAST SEVERAL WEEKS NOW

AND SO WE’RE LOOKING AHEAD AND WE’RE TRYING TO FIGURE OUT WHAT DOES THIS MEAN FOR INDIVIDUAL WORKERS WHO HAVE BEEN LAID OFF WE DO KNOW THAT LOW INCOME WORKERS HAVE BEEN

DISPROPORTIONATELY HIT HARDER THAN OTHERS AND WE ALSO SEE THAT THIS NUMBER IS PROBABLY GOING TO GET WORSE COME THE FALL, BECAUSE

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