Posts tagged recession
CBS This Morning: July Jobs Report

A July jobs report that saw 1.8 million new jobs created and a lowering of the national unemployment rate comes amid negotiations in Washington over a second stimulus package. However, the pace of hiring appears to be slowing as more states slow down or roll back their re-openings. I joined CBS This Morning: Saturday to discuss what this all means, and what the numbers say about the future of the U.S. economy.

CBS This Morning: Record Unemployment

A record 20.5 million Americans lost jobs in April, according to an unemployment report released by the Labor Department Friday. The U.S. unemployment rate jumped to 14.7%, the worst since the Great Depression. I joined CBS This Morning: Saturday to unpack the staggering figure and discuss what it means for the future of the country.