Jul 2, 2020

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

HTML EMBED:
COPY
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.

Segments From this episode

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

In other words, these June numbers might not tell the whole story as the U.S. sees unprecedented numbers of COVID-19 infections.
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

How the president of the Ford Foundation would reimagine the economy

Jul 2, 2020
“We begin first by asking the question: Why is there so much inequality in our society?” Darren Walker says.
"Inequality makes people believe that the systems that are supposed to serve them are rigged — are designed by we privileged Americans to benefit us, at their expense," Darren Walker said.
Courtesy of the Ford Foundation

Music from the episode

Cruel World Phantogram

The team

Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Candace Manriquez Wrenn Producer/Editor
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Rose Conlon Producer
Erika Soderstrom Producer/Director