Economy is making good progress: Economist

First-time claims for unemployment insurance totaled 837,000 last week. Economists surveyed by Dow Jones had been expecting 850,000. This was the fifth consecutive week that claims were under 1 million after staying there for five months following the Covid-19-related economic shutdown in mid-March. CNBC's "Squawk Box" team discusses this with Chetan Ahya, chief economist at Morgan Stanley.