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Unemployment Claims Remain Sky-High, All But Undoing 10 Years Of Job Gains

Unemployment Claims Remain Sky-High, All But Undoing 10 Years Of Job Gains

FromThe NPR Politics Podcast


Unemployment Claims Remain Sky-High, All But Undoing 10 Years Of Job Gains

FromThe NPR Politics Podcast

ratings:
Length:
13 minutes
Released:
Apr 16, 2020
Format:
Podcast episode

Description

5.2 million people filed for unemployment benefits last week, bringing the four-week total to 22 million — nearly wiping out all the job gains made since the Great Recession. Retail spending, another key economic indicator, is also suffering: down a record 8.7% last month, the largest monthly fall since the Commerce Department began tracking retail sales three decades ago.This episode: political correspondent Scott Detrow, political reporter Danielle Kurtzleben, and chief economics correspondent Scott Horsley.Email the show at nprpolitics@npr.org Join the Facebook group at n.pr/politicsgroup Subscribe to our newsletter at npr.org/politicsnewsletter Find and support your local public radio station at donate.npr.org
Released:
Apr 16, 2020
Format:
Podcast episode

Titles in the series (100)

The NPR Politics Podcast is where NPR's political reporters talk to you like they talk to each other. With weekly roundups and quick takes on news of the day, you don't have to keep up with politics to know what's happening. You just have to keep up with us.