The Daily

A Historic Unemployment Crisis


Listen Later

To contain the pandemic, the U.S. government has brought the economy to a halt. Today, we explore one result of their containment efforts: one of the worst unemployment crises in American history. Guest: Jim Tankersley, a reporter covering economic and tax policy for The New York Times. For more information on today’s episode, visit nytimes.com/thedaily.

Background reading:

  • The national unemployment rate is probably around 13 percent, The Times estimated. “Scary things are going on in our life right now,” one idled Lyft driver said.
  • Whole sectors of the U.S. economy have gone dark to try to slow the spread of the coronavirus. Here’s what comes next.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

...more
View all episodesView all episodes
Download on the App Store

The DailyBy