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More than 5 million people filed for unemployment in the last week as coronavirus lockdowns continue through the country. Although the number is lower than the previous two weeks, the figure rounds out a grim four-week span in which over 20 million Americans filed jobless claims. I joined CBS This Morning to talk about what that figure means for the U.S.'s road to economic recovery.
CBS Sunday Morning: Small Business Owners Struggle
Just over half of all American workers are employed by small businesses (companies with 500 or fewer employees), and according to the U.S. Chamber of Commerce, nearly a quarter of those small businesses could close permanently within two months without a financial lifeline. I chatted with some small business owners who are trying to maintain their (and their employees') livelihoods in a time of tremendous uncertainty.
CBS This Morning: The Pandemic and Your Money
Over 15 million Americans applied for unemployment benefits over the last three weeks, a devastating reflection of the coronavirus pandemic's impact on the economy. Many people, even those who do not know if they will still be employed, are looking for information to help navigate the uncertainty. I joined CBS This Morning to respond to some of viewers' critical personal finance questions.
CBS This Morning: Staggering Jobless Claims Continue
The Labor Department's newest weekly jobless claims report shows 6.6 million Americans applying for unemployment over the last week. The previous two weeks saw around 10 million U.S. workers filing, a grim record that reflects the coronavirus pandemic's massive weight on the economy. I joined CBS This Morning to break down what the latest numbers mean for workers today and the future of the U.S. economy.
CBS Sunday Morning: Record Unemployment Numbers
Here’s my piece from Sunday Morning as I chat with Harvard professor Kenneth Rogoff for a historical perspective of this week’s 6.6 million new jobless figures.
Face the Nation: What Should Americans Do?
I joined Face the Nation to explain why the U.S. economy will not look the same after COVID-19.
CBS This Morning: Mounting Jobless Claims
Over 9 million Americans applied for unemployment in the last two weeks, a grim record that reflects the coronavirus pandemic’s toll on the U.S. economy. I joined CBS This Morning: Saturday to break down the virus’ impact on the economy and what the current numbers could mean for American workers’ futures.
CBS This Morning: Staggering Unemployment Numbers
The Labor Department has announced that it received over 6 million jobless claims in one week, significantly higher than the previous week's record-setting 3.3 million. I joined CBS This Morning to weigh in on what the latest report means for the U.S. economy and what out-of-work Americans can do to help themselves and their families.
CBS This Morning: Retail Struggles
Retail giants Macy's, Kohl's and Gap have announced widespread furloughs amid soaring reports of coronavirus cases in the U.S. The pandemic has sent the economy into free fall, with massive layoffs and small business closures happening across the country as a result of precautions to slow the disease's spread. I joined CBS This Morning to talk about this latest hit to workers and what it means for the future of the economy as the pandemic continues.
CBS Sunday Morning: Coronavirus Business Outlook
New unemployment claims for the most recent measured week totaled 3.28 million. Facing an unprecedented event, the government is taking unprecedented measures as America's economy hits the crisis stage. But there are also firms that are hiring in response to the pandemic. Here’s my piece for CBS Sunday Morning.