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Nightly News
U.S. economy sees record decline and 1.4 million new unemployment claims
NBC News Clone summarizes the latest on: U S Economy Sees Record Decline And 1 4 Million New Unemployment Claims 89146437689 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
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The economy shrunk by nearly 33 percent last quarter — the fastest drop in U.S. history. The decline was driven by a decline in spending and high unemployment, with another 1.4 million jobless claims filed last week.July 30, 2020