Podknife - How does COVID-19 unemployment compare to the Great Depression? by The Current

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How does COVID-19 unemployment compare to the Great Depression?

Podcast |: The Current
Publisher |: The Brookings Institution
Media Type |: audio
Podknife tags |: News & Politics
Categories Via RSS |: Government & Organizations,; News & Politics,; Non-Profit
Publication Date |: May 13, 2020
Episode Duration |: 00:12:02

The U.S. unemployment rate is now over 14%, according to the April jobs report, the highest it's been since the Great Depression. Brookings Senior Fellow Gary Burtless explains what's different this time around, from the unprecedented rapidity of job losses to the economic support for people who have lost their jobs, and why that relief is critical to avoiding the long, drawn-out suffering of the Great Depression.

Full show notes: https://brook.gs/2SZwzQP

Subscribe to Brookings podcasts on Apple or Google podcasts, or on Spotify. Send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter.

The Current is part of the Brookings Podcast Network.

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