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Why U.S. economic crisis is even worse than it appears

Season 2020 Episode 135 | 6m 41s

A new jobs report details a picture of devastating national unemployment not seen since the Great Depression. Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and former assistant secretary of the treasury, joins Judy Woodruff to discuss why the crisis is likely even worse than it appears, who is hurt the most and what the government can do to try to stabilize the U.S. economy.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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