May 08 Watch 6:41 The U.S. economic crisis is even worse than it appears. Here’s what government can do A new jobs report details a picture of devastating national unemployment not seen since the Great Depression. Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and former assistant secretary of the treasury, joins Judy Woodruff to discuss why… Continue watching
May 08 Trump says ‘no rush’ on more aid as jobless crisis grows By Zeke Miller, Lisa Mascaro, Associated Press President Donald Trump said Friday he’s in “no rush” to negotiate another financial rescue bill, even as the government reported that more than 20 million Americans lost their jobs last month due to economic upheaval caused by the coronavirus. Continue reading
May 08 5 tips for finding work during the COVID-19 pandemic By Nancy Collamer, Next Avenue Job hunting is never easy, but it's also never looked quite like this. Continue reading
May 08 Jobless rate spikes to 14.7 percent, highest since Great Depression By Christopher Rugaber, Associated Press The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. Continue reading
May 03 Watch 6:12 Meat plant closures trickle down to grain production By Melanie Saltzman, Laura Fong Iowa is the largest producer of pork and corn in the U.S. As many meat processing plants shut their doors due to COVID-19, demand for pigs plummeted. The effects have trickled down the supply chain to the farmers who raise… Continue watching
May 02 Watch 5:27 Tenant groups call for a rent strike as economy flounders By Sam Weber, Connie Kargbo The first of May marked the second rent day since coronavirus shutdowns began. With more than 30 million people filing for unemployment benefits in recent weeks, tenant groups across the country on Friday called for a rent strike until the… Continue watching
May 02 Most states fall short of coronavirus testing thresholds By Christina A. Cassidy, Matthew Perrone, Jason Dearen, Nicky Forster, Associated Press With no specific guidelines, states are left to figure out what a successful testing program should be while they simultaneously try to reopen their shattered economies. Continue reading
May 01 Jobless fret as rent comes due again amid virus outbreak By Anita Snow, Associated Press Rent comes due again for more than 30 million people around the U.S. who have sought unemployment benefits amid shutdowns caused by the coronavirus outbreak. Continue reading
Apr 30 Watch 4:32 States ask for more federal aid as economic crisis deepens By Yamiche Alcindor New government jobs numbers reiterate the extent of the pandemic’s economic damage. In the last six weeks, more than 30 million Americans have lost their jobs, including another 3.8 million filing for unemployment last week. Lawmakers are still debating how… Continue watching
Apr 30 Watch 8:26 What to do if you can’t afford to pay your mortgage right now With more than 30 million Americans losing jobs or businesses and others forced to take pay cuts, making monthly rent and mortgage payments has become increasingly difficult. Viewers share their challenges, and John Yang talks to the National Consumer Law… Continue watching