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Imagine you are asked to fill a 12-foot deep hole. Now imagine that the hole is only 11.5 feet deep. Feel better? Of course 11.5 is better than 12, but the task ahead is immense.
Coronavirus: State of the Economy Part One
More than 1.5 million Americans filed for unemployment last week, bringing the total jobless claims to over 44 million in the last 12 weeks. Yes, weekly job losses continue despite a big gain in May. And yes, the rollercoaster on Wall Street is just as bumpy as it was a few months ago.
To help try and demystify the current state of the economy, we're joined today by Mark Spindel, one of my oldest friends in the world and the Managing Member, Chief Executive Officer and Chief Investment Officer for Potomac River Capital.
Mark, who along with Sarah Binder, recently published: The Myth of Independence: How Congress Governs the Federal Reserve. If you're looking for a deep dive on the Fed, this is the book for you.
Have a money question? Email me here.
Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
CBS This Morning: Latest Jobless Claims
More than 1.5 million Americans filed for unemployment last week, bringing the total jobless claims to over 44 million in the last 12 weeks. I joined CBS This Morning to explain why weekly job losses continue despite a big gain in May and why the Labor Department's own data is confusing.
CBS This Morning: Economic Bounce Back?
The U.S. economy added 2.5 million jobs in May, stunning experts who anticipated losses on the scale of the Great Depression. I joined CBS This Morning: Saturday to discuss the new 13.3% unemployment rate and the outlook for Americans and the country as it recovers from the coronavirus pandemic.
CBS This Morning: May Jobs Report
In a surprising turn, the economy added 2.5 million jobs in May, dropping the new unemployment rate to 13.3%. I joined CBS This Morning to discuss the reasons behind the unexpected positive data.
May Jobs Report Shocker
The Rotten Luck of Graduating Into a Recession
CBS This Morning: 38M Americans Have Filed for Unemployment
More than 38 million Americans filed for unemployment over the last nine weeks. I joined CBS This Morning to discuss what this means for overall unemployment and new projections about how long the financial fallout could last.
Coronavirus: Future of Work Part Two
The coronavirus pandemic has ushered in a new normal for many employees now working from home. Others have lost their jobs as the national unemployment rate has soared to its highest level since the Great Depression. LinkedIn editor-in-chief Dan Roth joins Jill on Money to discuss the future of work and offers advice to college graduates in these uncertain times.
Have a money question? Email me here.
Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
