A record 20.5 million Americans lost jobs in April, according to an unemployment report released by the Labor Department Friday. The U.S. unemployment rate jumped to 14.7%, the worst since the Great Depression. I joined CBS This Morning: Saturday to unpack the staggering figure and discuss what it means for the future of the country.

VideoMark TalercioMay 9, 2020Jill Schlesinger, Jill on Money, recession, depression, unemployment, jobless claims, economy, corona, coronavirus

CBS This Morning: Unemployment Rate Soars

The U.S. economy lost 20.5 million jobs in April amid the coronavirus pandemic. The national unemployment rate soared to 14.7% last month, the highest since the Great Depression. I joined CBS This Morning to discuss.

VideoMark TalercioMay 8, 2020Jill Schlesinger, Jill on Money, recession, economy, depression, jobless claims, unemployed, unemployment benefits