Initial jobless claims fall to a new pandemic low

The Department of Labor reports 473,000 Americans filed new jobless claims last week, down 34,000 from the previous week and the lowest number since the beginning of the pandemic. Lori Bettinger, president of BancAlliance and former director of the Obama administration’s Troubled Asset Relief Program, joined CBSN to discuss what the numbers mean for the U.S. economy. Source