Despite Drop in Unemployment Rate, Recovery Remains Slow

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The Labor Department reports that the unemployment rate dropped to 9.7 percent last month, in an encouraging sign for economic recovery. But the economy still lost 20,000 jobs and market reaction today has been mixed. Michael Mandel, former chief economist at BusinessWeek magazine, is now editor in chief at Visible Economy, LLC, a new venture that combines news and education.

Credits

Guest:
Michael Mandel - Editor in Chief, Visible Economy

Host:
Matt Miller

Producers:
Frances Anderton, Sonya Geis, Katie Cooper, Christian Bordal