U.S. GDP reaches pre-pandemic levels as initial jobless claims fall

4 910
19.1%
Published on 29 Jul 2021, 18:50
The Labor Department says 400,000 Americans filed first-time unemployment claims last week, down 24,000 from the previous week. And the Commerce Department reports the nation's gross domestic product has reached pre-pandemic levels. Michelle Meyer, head U.S. economist for Bank of America Securities, joins CBSN to discuss the U.S. economic recovery.

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