4.6 • 1.8K Ratings
🗓️ 17 July 2020
⏱️ 11 minutes
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0:00.0 | Welcome to the Jill on Money Coronavirus Market Update. It is Friday, July 17th. |
0:10.1 | Hey Mark, should we not call it the coronavirus market update? |
0:14.0 | Should we call it the coronavirus money update? |
0:17.5 | Because I don't want to talk about markets so much anymore. |
0:20.0 | It was like we started this with the idea that people were freaking out about the markets. |
0:25.0 | What do you think? |
0:26.0 | The Jill on Money, Coronavirus, something update. |
0:29.2 | Financial update, economic, all right, we'll keep it market for now. |
0:33.0 | It's nice and easy. |
0:35.0 | Anyway, this is the program that does attempt to help walk you through these |
0:40.0 | completely surreal times. |
0:41.0 | You can send us an email about anything financial. |
0:44.0 | Ask Jill at Jill on Money.com. |
0:47.0 | We had a little bit of a data dump yesterday, |
0:49.5 | two pieces of information. |
0:51.2 | We had weekly claims that was sort of a good news bad news. So there |
0:56.0 | were 1.3 million people who filed for new unemployment benefits in the week ending |
1:01.0 | July 11th. It was a drop of just 10,000 from the previous week's revised levels. |
1:07.6 | So that's kind of a bummer. Now, the good news on this is that the number of people who are receiving unemployment benefits |
1:18.9 | did drop down to 17 million. Okay, that's pretty good. 17.3 million about. That's good. So there's some good news. Wait, I got more bad news because then when I look at the |
1:35.7 | pandemic unemployment assistance plan which is the plan for those gig workers |
1:41.9 | remember that they had that extra plan in there and the pandemic emergency unemployment compensation benefits? |
... |
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