ECONOMY

What Happened Today: Health Care System Crumbles, Testing Questions

9:30pm May 08, 2020

Marc Lipsitch, a professor of epidemiology at the Harvard School of Public Health, answers questions about access to testing for COVID-19, false-negative results and the challenges of mass testing.

Queue Listen Now

U.S. Industries Are Taking A Massive Toll During The Coronavirus Pandemic

4:01pm May 08, 2020

The pandemic has devastated the job markets across the U.S. The April jobs report reveals the massive toll the crisis took on industries — from restaurants and retail to health care and automotive.

Economy

How The Bank Of America Is Dealing With The Coronavirus Crisis

4:01pm May 08, 2020

NPR's Mary Louise Kelly speaks with Brian Moynihan, the Bank of America CEO, about banks raking in fees from the Paycheck Protection Program.

Chart showing monthly change in payrolls over time

One For The History Books: 14.7% Unemployment, 20.5 Million Jobs Wiped Away

1:24pm May 08, 2020

by Scott Horsley

U.S. employers shed a record number of jobs in April, as the unemployment rate climbed to the highest since the Great Depression. The coronavirus crisis has locked down much of the economy.

Josep Navas Masip, seen with his dog Ruquet, purchased a second home in Philadelphia and was renovating it for use as an Airbnb when the coronavirus crisis hit. Now his plans are canceled and he's unsure what to do for income.

Economy

2 Mortgages, No Income: Sell The House Or Rent It Out, An Airbnb Host Wonders

10:36am May 08, 2020

by Bobby Allyn

Josep Navas Masip purchased a second home in Philadelphia and was renovating it for use as an Airbnb when the coronavirus crisis hit. Now his plans are canceled and he's unsure what to do for income.

Economists Break Down U.S. Unemployment Numbers

10:31am May 08, 2020

What do the latest unemployment rates mean for the U.S. economy? NPR's Noel King speaks with Heidi Shierholz of the Economic Policy Institute and Claudia Goldin of Harvard University.

Queue Listen Now

A pedestrian walks by a closed shop in Grosse Pointe, Mich., on Thursday. The Labor Department is expected to report on Friday that the U.S. lost millions of jobs last month because of the coronavirus pandemic.

Friday's Jobs Numbers Will Be Brutal But Won't Tell The Whole Story

9:14am May 08, 2020

by Scott Horsley

The Labor Department is expected to report the U.S. lost millions of jobs last month due to the coronavirus. Unemployment likely jumped to its highest level since the Great Depression.

Queue Listen Now

News Brief: Unemployment Data, Michael Flynn Case, Georgia Shooting

5:24am May 08, 2020

The Labor Department is expected to report a very bad jobless report. The Justice Department drops a case against an ex-Trump adviser. And, an update on the death of an unarmed black man in Georgia.

Queue Listen Now

Former Assistant Labor Secretary Talks About The Future Of The U.S. Workforce

9:55pm May 07, 2020

NPR's Michel Martin talks with Jane Oates, a former assistant secretary of labor for employment and training, about navigating the changes in the American workforce.

Queue Listen Now

Former Assistant Labor Secretary Talks About The Changes In The U.S. Workforce

9:54pm May 07, 2020

NPR's Michel Martin talks with Jane Oates, a former assistant secretary of labor for employment and training, about navigating the changes in the American workforce.

Queue Listen Now