Trough to peak: how high will American unemployment go?
Economist Podcasts
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Unemployment Trends Amid Crises
This chapter examines the dramatic rise in unemployment claims in the U.S. due to economic challenges and health lockdowns, differentiating between initial claims and actual unemployment rates. It discusses the inadequate measures taken to support those affected, particularly small businesses, and compares the U.S. response to that of European countries during the crisis.
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Transcript
