We're not where we want to be, but we're on the road to recovery: NEC chief economist
The number of workers receiving and applying for unemployment benefits declined significantly last week, to the lowest level since the pandemic began in March. But this doesn’t mean everyone went back to work. Some people shifted to other programs for longer-term unemployment or dropped out of the labor force altogether. Joe Lavorgna, the chief economist for the national economic council, joins ‘Closing Bell’ to talk about the economic recovery.