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Back to Press Play with Madeleine Brand

Press Play with Madeleine Brand

US shed more than 20 million jobs in April, unemployment reaches nearly 15%

Today’s jobs report suggests the U.S. could be heading back to Great Depression territory. The numbers show more than 20 million jobs were lost last month. That’s more than double the jobs lost during the 2008 recession.

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By Madeleine Brand • May 8, 2020 • 1 min read

Today’s jobs report suggests the U.S. could be heading back to Great Depression territory. The numbers show more than 20 million jobs were lost last month. That’s more than double the jobs lost during the 2008 recession. The unemployment rate is now nearly 15% — compared to 25% unemployment in 1933. KCRW looks at the financial crisis today — and lessons from the Great Depression.

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    Madeleine Brand

    Host, 'Press Play'

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    Sarah Sweeney

    Vice President of Talk Programming, KCRW

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    Michell Eloy

    Line Editor, Press Play

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    Amy Ta

    Digital News & Culture Editor

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    Robert Reich

    professor of Public Policy at the University of California Berkeley, former labor secretary under Bill Clinton

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    David M. Kennedy

    Professor of History at Stanford

    NewsBusiness & EconomyNational
Back to Press Play with Madeleine Brand