U.S. Weekly Jobless Claims at 4.43 Million, Steep Downturn for Labor Continues

U.S. Weekly Jobless Claims at 4.43 Million, Steep Downturn for Labor Continues

Apr.23 -- ore than 4 million Americans applied for unemployment benefits last week, bringing the five-week total to 26.5 million in the steepest downturn for the U.S. labor market since the Great Depression. Bloomberg's Mike McKee and Greg Peters of PGIM Fixed Income appear on "Bloomberg Daybreak: Americas."