COVID economy update: Rising cases test Wall Street, and making sense of a jobless claims surprise

We got a bit of a surprise in the jobless claims numbers for the week as the numbers ticked up, but wages are on the rise as well. What do these indicators mean for the health of the economy? Wall Street got a little weirded out earlier this week over Delta variant concerns, and supply chain shortages keep presenting an issue, but how will the positive retail numbers show themselves in the GDP? David Fiorenza, economist at the Villanova School of Business joins KYW Newsradio In Depth to talk about what happened this week in the economy and what it means for all of us in our daily lives.

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