Bracing for another round of layoffs as coronavirus cases keep rising

KYW In Depth: Coronavirus
Friday, July 10th
We're in the fourth month of new weekly unemployment claims topping 1 million. How is that number going to change as coronavirus cases keep rising in the US? Why are unemployment claims trending down, but pandemic assistance claims rising? Could we be in store for another big round of layoffs across the country? David Fiorenza, Assistant Professor of Practice at the Villanova School of Business joins KYW In Depth to check in on how the economy is doing as the pandemic keeps wreaking havoc on the US.