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    Back to To the Point

    To the Point

    The Ravages of Unemployment

    Monday, it was 20,000 at Caterpillar , 8,000 at Pfizer and Sprint/Nextel and 7,000 at Home Depot . Yesterday it was 3500 at Corning Glass and today it’s 10,000 at Boeing . In manufacturing and retail, even in Silicon Valley , unemployment is rising fast.

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    By Warren Olney • May 12, 2014 • 1 min read

    Monday, it was 20,000 at Caterpillar, 8,000 at Pfizer and Sprint/Nextel and 7,000 at Home Depot. Yesterday it was 3500 at Corning Glass and today it’s 10,000 at Boeing. In manufacturing and retail, even in Silicon Valley, unemployment is rising fast. With Congress debating his stimulus plan, President Obama spoke to a roomful of CEO’s today. He said what they do matters more than what happens in Washington. We hear which workers are most likely to be laid off and which companies are trying to hold on to their employees. In an economy transformed by recession, what will it take to get the next job?

    The full episode

    1 of 3
    Job Cuts Are Taking Their Toll
    1. 0:00The Ravages of UnemploymentYou’re reading this
    2. 1:39Obama’s Envoy in Jerusalem as Fighting Flares
    3. 42:57SuperBowl Ad Madness at $3 Million and 30 Seconds
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • KCRW placeholder

      Rajeev Dhawan

      Director of the Economic Forecasting Center, Georgia State University

    • KCRW placeholder

      Eric Savitz

      Blogger and Columnist, Barron's

    • KCRW placeholder

      Charles Heckscher

      Director of the Center for Workplace Transformation, Rutgers University

      NewsNationalPolitics

    The full episode

    1 of 3
    Job Cuts Are Taking Their Toll
    1. 0:00The Ravages of UnemploymentYou’re reading this
    2. 1:39Obama’s Envoy in Jerusalem as Fighting Flares
    3. 42:57SuperBowl Ad Madness at $3 Million and 30 Seconds
    Back to To the Point