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Jul 2, 2020

The job market got better in June, but the numbers are from before renewed shutdowns

Nearly 5 million people found work in June, and the unemployment rate dropped to about 11%. But, there’s already concern about a July setback. Plus, reimagining the economy with Darren Walker, the president of the Ford Foundation.

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The unemployment rate has dropped to 11%. And 4.8 million more people were on American payrolls in June compared to May.
Cindy Ord/Getty Images

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Segments From This Episode

Unemployment dropped again in June. But the numbers are from before renewed COVID-19 shutdowns.
by Nova Safo, Erika Beras and Alex Schroeder
Cindy Ord/Getty Images
In other words, these June numbers might not tell the whole story as the U.S. sees unprecedented numbers of COVID-19 infections.
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How the president of the Ford Foundation would reimagine the economy
by David Brancaccio and Rose Conlon
Courtesy of the Ford Foundation
“We begin first by asking the question: Why is there so much inequality in our society?” Darren Walker says.
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Music from the episode

The Team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director

Marketplace®

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The job market got better in June, but the numbers are from before renewed shutdowns

Subscribe:

Segments From This Episode

Unemployment dropped again in June. But the numbers are from before renewed COVID-19 shutdowns.

How the president of the Ford Foundation would reimagine the economy

Music from the episode

The Team