Unemployment is on the rise as coronavirus cases surge nationwide. According to the latest figures released by the Department of Labor, 885,000 Americans filed for first-time unemployment the second week in December. Frances Stacy, director of portfolio strategy at Optimal Capital, joined CBSN to discuss what these latest numbers mean for the U.S. economy.
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Unemployment is on the rise as coronavirus cases surge nationwide. According to the latest figures released by the Department of Labor, 885,000 Americans filed for first-time unemployment the second week in December. Frances Stacy, director of portfolio strategy at Optimal Capital, joined CBSN to discuss what these latest numbers mean for the U.S. economy.