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Unemployment sign-ups skyrocket
Apr 2, 2020

Unemployment sign-ups skyrocket

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First-time unemployment claims doubled week-over-week, to 6.6 million. There are 100,00 crew members stuck on ships at sea during this pandemic. Some economists push for longer grace periods on debt repayment.

Segments From this episode

Stiglitz: How the U.S. economy recovers from COVID-19 hinges on Americans' debt

Apr 2, 2020
"For those businesses that are getting so much help from the government, part of that should be used to help the debtors," said Nobel laureate Joseph Stiglitz.
"What we need right now is a stay to make sure that people can pay by postponing it until the economy is running again," economist Joseph Stiglitz says of credit card debt.
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Music from the episode

Where's The Bathroom (feat. Tovah Feldshuh) Crazy Ex-Girlfriend Cast, Tovah Feldshuh

The team

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