10 Million - Record US Jobless Claims Soaring | Explained in 3 Minutes

With millions of people losing their jobs, there has been a record level of jobless claims in the US at 10 million in the space of 2 weeks. Non-Farm Payroll (NFP) figures also show over 700k jobs lost in the economy and the unemployment figure quickly rising from its 50-year low. Will the Federal Reserve's estimate of unemployment above 30% happen?

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Presented by Nicholas Puri

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