The Unemployment Rate and job support yesterday was one of the worst of our lifetime. With 14. 7 percent of americas unemployed and 20. 5 million jobs lost in april alone. Some economists say those numbers are lower than what the reality is right now. President donald trump was at the white house yesterday and he met with gop members of congress. Asked about the unemployment numbers. Here is what he had to say. Where do you expect to see the unemployment numbers . I think the unemployment numbers are going to go way up. Wasstatement kevin made incredible. Everyone expects to have their job back very shortly. Bad economy, bad, deep recession or worse, nobody expects to have a job ever again. I saw the chart. Almost everybody expects that they will be working again. This was an artificial turning off of a tremendous economy. We did the right thing because we saved millions of lives. This was all of a sudden, one day we had to turn it off. I think its going to come back lazing. I think next year has one of the best chances to be economically, one of the best we had. There is tremendous pentup demand. Unemployment at 14 now, where do you think that will be . I think the numbers going to be a great number. I can say over a period of time its going to be where was, maybe better. Cant get much better. I think ibe, expected to be where it was. The demand is going to be tremendous. Next week is going to be a tremendous year. Fourthquarter is going to be very good, a bit better than that. The transition is going to be interesting, but you are going to see good numbers coming out of Third Quarter. I call it the transition to greatness. We are going to have a great near yorkshire great here dear. The Third Quarter we are moving in that direction. I would say it is starting right about now. Quarter will be, i think it is going to be very good. Its going to be a very good indicator. But its going to be very good. But it is a transition quarter. Fourthquarter is going to be good, and be more than good, kevin. Here, i think it is going to be a really powerful year, economically. Host the wall street journal put these numbers in context. Im going to show you what they said. Unemployment fell sharply and all broad business sectors last month and across all groups of workers. Particularly large increases in unemployment among women, college dropouts, and hispanics. The u. S. Jobless rate eclipsed the previous record for data tracing back to 1948. It was well below the 25 rate economists estimate during the Great Depression. Job losses triggered by the pandemic produced by far the steepest monthly decline on record, back to 1939. By comparison, nearly 2 million jobs were lost in one month in 1945 at the end of world war ii. Yesterday, cspan spoke to nancy pelosi. We asked her about the eventual cost of covid19 relief packages that you favored. Here is what she had to say. Is there an estimated price tag . We are working on it. Big. 1 trillion . 2 trillion . Ask your getting warmer. When people ask about the price tag for us to give help to the American People, which in many ways as a stimulus, you know, making sure states can meet their payrolls, paying them for what they have spent on coronavirus. Or putting money in the pockets of the American People, everybody wants to know how much it costs. Around here, nobody batted an eyelash on the republican side of the aisle when they gave 83 of the benefits of attacks scam to the top 1 in our country. That was nearly a 2 trillion addition to the National Debt. It did not create any jobs, except more burden to our children. To that point, today marking ve day. During the war there was a tax to pay for our military operation. Should there be a tax to offset these costs . Do you think down the road he would support a tax increase . I think if you were going to do any tax policy it should be bipartisan and comprehensive. I dont think you do it right here. Doing well is together. There are exceptions, we are all in this together and we have to end this. To rid ourselves of this so that we can open up our economy. Lives, the livelihood of our people. Again, we had two unpaid wars, afghanistan and iraq. We had big tax cuts in the bush years. We had a giveaway to the pharmaceutical industry. No, all of these things have added to the National Debt and we should have, as you have mentioned, in other military engagements we have had away to pay for it. If it was to be a worthy mission, the American People would be behind it. Host lets go to our phone lines and see what our viewers are saying about their employment situations. Lets start with rob who is calling from new york city, new york. Good morning. Thank you for cspan. As usual, you are doing a great job. You are doing great. Thank you for that. Im selfemployed and fortunate that way. 60s, sody in my getting up there in years, getting set for myself, but i feel badly for these young people trying to get their sea legs in this economy. Dont understand how we can have a president in a struggle with a power struggle with a virus. I dont understand how blocking Anthony Fauci from testifying is not the most insane thing i have ever heard of. Witnesses were blocked in the ukraine investigation, in the mueller investigation. It is a pattern and is dangerous. When you have a pattern of blocking key people in all of these different investigations that could tell truth to the American People, when they are blocked and silenced from talking, you have a big problem administration that is blocking and silencing people from telling the American People what the hell is going on. Mr. Bridenstine lets talk to carolyn lets talk to carolyn calling. Caroline has been for alert has been furloughed. Great to be on the line this morning. The government . Hospitality. Host how long did they tell you before they think they can bring you back . We are uncertain they are uncertain, they want to follow the laws of the governor here and prince georges county, which is making sure we can provide the best service for our guests at the restaurant, because we are concerned about the better half of the clients and customers that come in. Fortunately, we were able to move to curbside pickup. Andow that is a shift change for some of the restaurants here. However, the dying nine the dying inexperience, we are in experienceine we are uncertain. Host how are you making ends meet . Caller one thing i understand, a play are plan words, ends never meet. Ends are ends. My mindset is, how do we i am , wife and have two children and im thankful for yland. Oyment here in mar is beneficial and it is providing a source of income, and it comes a time of streamlining. Host do you know if your employer applied for the Paycheck Protection Program . Has any of that money come through your business . Caller currently, what i focus on, and that is a good question i must say. Im unaware, not to say they are not. However, i think the way the system is set up for unemployment because taxes were paid to the unemployment, as it is a way to protect those who liketaken initiative myself who go out and work. Im fortunate at this time to even claim unemployment, because there are those, prior to the shut down, that maybe were not working. Backe myself a pat on the for having the energy and enthusiasm to go to work. There are many who dont go to work at all. Host lets talk to annette calling from winter park, florida. Annette is unemployed. Did you lose your job because of the pandemic . Caller good morning. And eal estate booger, theer, and we are part of getting supported well from the federal government. I have not been able to get any im and im 37yearold a 37yearold. Of college during the great recession. Finally getting back on my feet and going to complete my savings to get through this one. Host when do you think the markets are going to turn around . Caller i know real estate is always an uncertain market. When do you think the market will turn around . Caller i tell you, if i had a crystal ball i wouldnt have been a Real Estate Agent but it is such an important question because our system is not serving us. I think orlando will have the longer haul of this like most, because we are not to the gaps are so huge, and peoples credit being destroyed by this, get work. D, cant its toss of everybody doing their best on working virtually and being positive about it, but our hands are very tied. Our government system is not napping up to help the unemployment system. We are sending billions of dollars to fix it but nothing is getting next. The federal government has not stopped in and taken over. Tweets from getting all around this country from reporters and others, talking about the Unemployment Rate, the jobs report that came out yesterday. Heres one tweet from one reporter quoting the bureau of labor statistics. The Unemployment Rate was 13 for adult men and 15. 5 for teenagersn, 31. 9 for. Breaking the item breaking them by wraith and ssd, 14 port 2 for white by race and ethnicity, 14. 2 for whites, 16. 7 for blacks, 14. 5 for asians, and 18. 9 for hispanics. The rates for all these groups with the exception of blacks represent record highs for their respective series. Bill is calling from mississippi. Good morning. Caller first of all, i like to correct you on those numbers. Communities the Unemployment Rate is as high as 80 . Africanamericans have cost up to 24 trillion in todays economy but there is no Marshall Plan for us. Why should the man own 18 times as much than the black man . How is slavery over . I know we had to do something to stop this pandemic, but spend trillions of dollars, come on man. The rest of the world knows this. Countryple come to this and they are immigrants and dont have shirt on their back a shirt on their back, where do you think they come . They come to our community, come to our schools. Our teachers have to work that much harder. Our businesses are taken. It is ridiculous. I feel like there needs to be a Marshall Plan forever can americans, because it is ridiculous. Nothing is being done. Those numbers are only going to get worse. Think about that, america. Stop being selfish and give back to the people who gave their food, blood, lying t blood, language, culture to this country, and you dont care. People like my grandfather and uncle have died for this country. And you all dont care. Host yesterday, during her daily coronavirus briefing, Alabama Governor Kay Ivey addressed the latest job figures. Heres what Governor Ivey had to say. We had two months ago, the lowest Unemployment Rate in alabama history at 2. 7 . Seems like a distant memory. In february, one of our top challenges was that we had more jobs than people to fill them. Today, more than 400,000 people are unemployed. They file their claims with the department of labor. These are innocent people who have lost their jobs, and many of them are folks who are accepting help for the first time in their lives. People are frustrated. I understand. I care about you. , we know youvoices are frustrated, and todays order will hopefully begin providing another round of hope for all of us. Filed more people have for unemployment during the last six weeks than during the previous two years combined. Truly, this is heartbreaking. Oure remaining true to focus on our fiscal health, we also are acknowledging more can be done to address our Economic Health as well. Last week, i spoke about how our state eased a stayathome order. Rest assured, we are trying to be just as thoughtful and in tol as we eased back more social interactions while maintaining a sixfoot distance. The new amended safer at home reopenings. Anded it will require social distancing and urge everyone to continue taking all Health Precautions as we returned to whatever normal may look like in the near future. In theets put this little historical context. Heres a chart from the Washington Post, which shows the unemployment that unemployment is the worst since the Great Depression. Heres a second chart we have from the Washington Post that will show you the Unemployment Rate in april 2020, is the secondhighest only to the time during the Great Depression. Some of these numbers here are the laborbecause department only started doing estimates weekly estimates on employment in 1948, but we can see the estimates showing the Great Depression is the only time the Unemployment Rate has been higher than what it is right now. Lets turn to some of our social media followers to see what they say about the current job report and what is going on in the current economy. Heres one tweet that says jobs report will correct as the comfrey country reopens. The fault lies with governors and politicians like pelosi that are fighting to destroy the economy. Economy. Heres another tweet that says my husbands unemployment claim went through without a glitch. This may be due to the Company Helping its employees with the process. Process. Heres another tweet heres another tweet that says this boneheaded response to the boneheaded situation made the situation worse than it had to be. In 2001 we learned businessmen make terrible president s, profit above all, people be dammed. We want to know what you think about the current job report and what the corunna pandemic has done to your job. Lets go back to the phone lines and talk to william calling from los angeles, california. William, good morning caller good morning. Morning. Caller good morning. I am a doordash worker and i signed up in october, unaware this thing would go down. We are required to do gloves, masks, and we are having to put food bags we are not allowed to pass them the orders, but my hope, im wondering, when is the next update crossing the horizon . We lost william. Julie is calling from center valley, pennsylvania. Julie, good morning. Caller good morning. I have been working as a contractor, and the company has kept me on because i am an essential it is an essential company. Though i dont know what will happen because im not part of the new diversity agenda. Im a white, middleaged female, heterosexual, so i dont know if they will keep me on. A certainems like demographic is only getting the permanent jobs now. Host what exactly do you do . Caller i work in marketing. Host what do you do in marketing, julie . Caller one of the comments, i think our president is doing a great job. Byhink he has been attacked this crazy agenda, and i think we are able to see, now that the governors are in place, the liberal agenda in the cities being ruined. Host lets go to michelle calling from new york. Michelle, you have been furloughed. What is going to happen with your job . Caller im hoping to get back. O work the things for Governor Cuomo is doing until phase four. Host what type of job are you working when you were furloughed . Caller entertainment, casino. Host have they given you any indication of what will happen with your job or when you will get back . Caller no indication, but im hoping to get back. It was a great job, and, hopefully, it will be back up and running by the end of july i hope at least. Maybe by the end of june. I feel sorry for a lot of the people i work with who are having a hard time getting food getting through unemployment. Host michelle, i asked this question earlier in the show, how are you making ends meet while you are furloughed . Have you gone out and try to find another job to tide you over until then . Are you unemployment . On unemployment . Caller unemployment temporarily. Host do you have any idea, have they given you any idea of when you will be back, and when you come back, will you have the same job you had when you left . Caller im hoping to have the same job. I am a card still dealer cards dealer. They are an excellent employer. They are paying my benefits, dental and health care, and it is a great company, so im praying to get back by the end of june and july hopefully. Like i said, Governor Cuomo is doing it in phases and wants to be safe. He is opening up little things. Manufacturing, construction companies, and then restaurants, possibly, and hopefully entertainment would be last. Host michelle, what will it take for you to feel safe, even when they reopen the casino . You have a lot of people coming to the casino at all times of day, coming from all around the country. What will it take for you to feel safe going back to work . Caller hopefully they will have precautions in place, and, you know, cleaning the place properly. Maybe we will be wearing mask. I dont know what it will be, but im sure they wont open if we are in danger in any way. Host do you plan to wear a mask . Right now, it seems there is a lot of uncertainty about how this is spreading, how to keep yourself safe. Even if they dont require it, would you plan to wear a mask anyway . Caller no, i would go by whatever the procedure is and just put my faith in the lord. Yesterday,rday or new York Governor Andrew Cuomo addressed the latest jobless figures yesterday around the country. Heres what he had to say. There is no doubt this is a horrendous period to live through. The greatest problem for most people, besides the social issues and isolation, and emotion that goes with that, and Emotional Trauma that goes with that, by the way, which is a problem onto itself. The economics are devastating. Im not working, i live paychecktopaycheck, it has been over a month. For some people, six weeks, two months. I havent gotten a paycheck, i dont know if my job is still there, and the bills keep coming, right . Nobody put the bills on pause. Billone is still sending a. That is a tremendous pressure on people. Then, the Unemployment Rate, 20 . Some people say the number is underestimated and closer to 25 . Imagine that, the largest since the Great Depression. Theres no doubt this is a terrible period, but we have to get through it, right . That was winston churchill. When youre going through hell, keep going. You have to go through it. If we make a mistake and we react too quickly, the situation is only going to get work and only going to get longer. Unemployment benefits are problematic and not enough in the first place. I understand the speculation about whether or not my job will be there is terrible. We have taken extraordinary measures to help people deal with the situations, and no anictions is important factor. We are providing Food Assistance and the number of different ways. But we have to get through it. Host lets go to our social media followers, and see what they are saying about the economy and their job situation. Here is one tweet that says jobs, jobs, jobs. Minimum wage slave labor jobs before the virus and now we have the choice of work or die. Another says why can the Government Fund unemployment through employers who have eligible laidoff workers rather than employees having to suffer through going to the signup process of the overwhelmed unemployment offices . Heres another tweet that says, when Healthy People are quarantined, it is called tierney. Lets get back to work. Tierney. Lets get back to work. Tyranny. Lets get back to work now. We were talking about the april jobs report that showed the jobs lost in april and a jobless rate of 14. 7 . We want to know how this is affecting you and your job, or the jobs of your loved ones. Lets talk to georgia calling from denver, colorado. Georgia, good morning. Caller good morning, how are you . Host just fine, go ahead. Caller so i wanted to comment, i am employed but i did start a off threewe were laid days into the training due to the coronavirus, which is really ifortunate because obviously always want to do something and help when i can. Some of to comment on the comments from other colors. It is sad that we seem callers. It is said that we seem so racially divided. Said sheous lady doesnt know shes going to get her job because Democratic People or Something Like that and other black guys, stuff that they dont care about us. I think it is all based on where you live in the country. I live in a part of the country where we dont really have any racial issues, but my son has work to since he is 16 and we have a and i have a friend who is a white kid who does not work at all. It depends on the person and what your drive is. Dividedwere so racially. I think Everybody Knows about the president. He is a smart mouth and says things that are inappropriate, but that is him. That is not a white or black thing, it is an ignorant thing. The things he has done are great, and we all have [inaudible] i dont know, i just wanted to comment on that. Host lets talk to darrell calling from st. Paul, virginia. Darrell has been furloughed. Good morning. Caller how are you this morning . Host just fine. When did you get furloughed, and about how long did they tell you you will be furloughed . Caller i guess i got lucky. I was furloughed for two weeks, and the company said it may be longer. At first it was two weeks, and lucky for me, it was only two weeks, but i got my unemployment , got the 600 they told us we would get, and im back at my job. My company did keep insurance on us while we were furloughed, so that was good. Im one of the lucky ones, i guess, back at work. Host what industry are you in, construction, working for the government . What industry are you in . Caller i am in the coal industry. We were doing really good until this virus came over, and it is a global market, and we sell a lot of our coal all over the global markets, so i guess economics, it happened everywhere. Host darrell, what changed i changed in those two weeks at your job site. When they brought everyone back did they bring everyone back . Are you now wearing protective equipment at work . Caller yes. They brought everybody back. We had orders, and they were , but we, and i guess are wearing masks, have cleaning three times per week instead of once at the place i work, we do social distancing, you know, we are pretty straight. Everybody is working together. This is a virus that i dont think it knows any bounds. Sex, race, whatever you want to call it, it is a war against this virus. It is a global war. All countries everywhere are having problems, not only the u. S. It is a global economy, and this is a global pandemic, and Everybody Needs to be aware and Work Together on this thing and get this resolved. Do what they say, wash her hands. Social distance host host . Let me ask you that distance. Host you say they are doing social distancing and you have extra safety precautions at work. Is that slowing your business down any . Productivityss because of the new safety requirements that the pandemic has brought on . Caller probably it is the industry i work in. We have meetings every morning, and if more than 10 people show up, somebody leaves. We try to distance ourselves. A lot of people work by themselves, even though it is a bigger area. Lucky. Respect, im if you are on a piece of heavy equipment or control room, it is different. It is not an office environment, so it is more of an outside environment, so in that respect, i guess im lucky again that it is not a group of people together, all the time. We just have meetings and we leave. Im pretty lucky in that respect. Host lets talk to kevin calling from park ridge, illinois. Kevin is unemployed. Kevin, when did you lose your job . Was it because of the pandemic . Caller yes, it has been almost two months now. Host what industry did you work in before you are laid off . Caller hospitality. Host what did they tell you . Did they tell you there was any possibility of you getting rehired at the current job, or did your restaurant or place of employment just close down . Caller my business is tied to the restaurant industry, so if they are not working, i am not working. I provide a service to them directly. We have a governor in illinois with a plan in hand, but the plan as far as opening restaurants right now, there is no specific dates or timetables. It is this concerning for most of the Restaurant Owners who are here in illinois because they dont know where they will open their business. It is frightening, because it is not just here in illinois, it is throughout the whole country, and it is the longterm effects this will have. For most people, frightening right now. Being selfemployed, it has taken two months for Employment Security to open their portal for those selfemployed to file for unemployment. There is no specific information , once you do file, starting monday, as to when people will receive their benefits. Thoughhough it is as the media in illinois have not been putting the questions to the governor and other politicians having a plane in hand and address concerns people have. I believe they have a right to know this. Host bloomberg has a series of charts they are publishing today what industries are hiring in america, and what industries are not. From our calls, we can see some of the industries showing up in this chart. Personalle, under the and laundry services, they lost 796,900 jobs just in the last few months. Arts,look at entertainment, and recreation. Hey lost 1. 3 million jobs clothing and Clothing Accessory 600. Es, they lost 739, amusement, gambling, and Recreational Industries lost more than one million jobs. And sightseeing, travel industry, lost 21,500 jobs. But, there are some industries going up, but those are the industries trending down and we can see it from our callers. Lets go to brad calling from pennsylvania. Brad is unemployed as well. When did you lose your job . Caller i lost my job probably at the end of february. Ouras do covid, because jobs our future jobs coming up got canceled. Host what industry did you work in, brad . Caller i worked in oil refineries, mostly in california. Tell and, what did they you . Did they say hopefully this will turn around and we can hire you back, or did they say we are done . Caller we know it will turn around, and they will hire me back, we just dont know when. At first, it was a couple weeks, and then a month. It might even be late into the fall until we get to work. Another comment i would like to point out, im going back to work. My unemployment is coming through fine and the government money came through fine. That havehe people problems getting unemployment, i wondered did they quit their jobs . They never really mentioned that. Another fact, a little more important than this, in 2008 when we had the financial problem, they had extensions for two years. Unemployment rate went down when the two years expired because when the money ran out, people went and got jobs. What im worried about is that if you give a person unemployment plus 600 per week, some people are making more money on unemployment than they have made at the job they had. What im getting at is that, if we dont change that, people wont even want to go back to work. They will make less money. Host lets talk to carlos, calling from miami beach, florida. Carlos has been furloughed. Good morning. Caller good morning, how are we doing today . Host just fine. What industry did you work in before you got furloughed . Caller i managed a hotel here in south beach. Host ok. Caller so i actually managed a large team, concierge, front desk, housekeeping. I had to lay off all of my employees which was about 4000 plus. That being said, i got multiple calls, emails a day saying when do we get our jobs back . May, then itsed was june and now people worry. We were the heart of the industry. Everybody wants to have a good time and enjoy themselves. But when can we bring our workers back . We need to go back otherwise this country will fall down. We can do it if we Work Together. That is all i have to say. Host you said you used to manage a hotel. When you bring the people back, do you expect to bring back at full strength are only a certain number of people, or do you not have any idea how it is going going to work . Caller that is the thing, we have a strong plan. That is the thing. Before we laid off the people we had laid off we had furloughs and temporary layoff. And then we had furloughs. I take that back. The furlough and permanently laid off. The people who wont he coming back, and we just say thank you for your assistance. Those are people that worked recently, just a year. If you worked with our company for more than a year, then we will bring you back, and we promise to bring you back but at a slow pace. Testing will also be provided. Your wellbeing and everything like that. It is time to get back to work. We have a great plan. Host one more question. A lot of states are opening, but a lot of people are not yet comfortable about going out. Do you expect your hotel to get a lot of business if it opens too soon . Do you think, or do you say go ahead and open and lets see what happens . Caller believe it or not i have , a great answer. I get multiple calls a day. I have multiple hotels. I have multiple vips calling me, texting me saying, im tired of being home. The country is going to open back up. When is the hotel going to open up . I have a birthday, i have an anniversary coming up. Can i take my wife out there . What is going on . What is going to be coming . Do you want to keep that down for them . Summer is going to be coming up pretty soon. You know, like come on. Host lets talk to catherine calling from bolingbrook, illinois. Catherine, good morning. Caller good morning. I just want to say i am retired and my retirement benefits, pension, Social Security are very good, and it is permanent. And i am better off now than i would have been if i worked. That is because i cannot be laid off. My job cant, my funds cannot be canceled, but something i have done, i have looked at my neighborhood, and any restaurants that are open, i am ordering out. I will go pick it up. I had pizza places my husband and i frequent and i enjoy them. Spend a lot of money just trying i spend a lot of money just trying to help the community out. I think god i have my pension from the great unions that supported me when i worked and i helped them in the government having a Social Security plan. We have got to keep these programs available and have strong unions in order to help pandemicfe has got a going against it. That is what i wanted to say. Thank you. Kathy,ets talk to calling from lake erie, pennsylvania. Waser my position eliminated prior to the virus hitting. I was in Community Outrage outreach and i am a licensed i have apy friend down in the pittsburgh area and i would be an independent contractor once i was going to get on her payroll. She had a close her clinic because the virus hit. And of course with speech therapy, we work closely with peoples mouths and we are in close proximity to them. I am working in the Nursing Home Industry which is a hotspot right now. I was receiving Unemployment Benefits, and they exhausted in mid april. Thanks tonemployment the office of me. He was able to get through the unemployment and they told me i was eligible to receive the benefits. Yet have not yet come in and are ineligible to receive extra funding. I am still looking for work and i am getting calls about therapy, which would be a great thing to help the underserved who are afraid to go out and get speech services. I am not able to get an answer whethermployment as to i could get any Unemployment Benefits especially when i only start part time. Prior to the virus hitting, anybody who was an independent contractor even if you are not making a profit were not eligible to receive regular eligible Unemployment Benefits. I am waiting to receive my extended benefits. I have another 13 weeks i am eligible for. System is so overwhelmed, they are behind in fulfilling extendedloyment benefits for people. My question is, once this virus situation is over, anyone who now wants to be an under independent contractor or accept work and goes out and works as an independent contractor, and they start their own business and the business ends up getting shut down again, will they be eligible for Unemployment Benefits. The way it was prior to the virus, we were not anybody who was an independent contractor was not eligible to receive on a claimant benefits. Unemployment benefits. Miami my previous benefits came from my former employer when i was doing Community Outreach and marketing and we were doing events and festivals. Larry kudlow talked about the future of the stock market. Here is what he had to say. Clip] last were in the oval night talking about these are temporary job losses. If you had told me i would go on the air, on a day when we lost 20 million jobs, and the stock , that would go up be interesting. It is very possible we will get all of these jobs back fast. We will have 20 increase in growth, in the second half of this year as a transition and then finally i want to say that, and i appreciate your comments very much, sir, with the principles that work the first three years, i mean january and february of this year, the economy was growing at 3. 1 at an annual rate. Low taxes, low bracket regulations, energy good, faire, reciprocal trade deals, the Building Blocks of a blue color boom, middleclass wage boom, and a Small Business boom which is the heart of the republican party. There is no reason. You did it once. And if we stay with both principles, we can do it again and next year 2021 can be an absolutely spectacular year. I really believe that. Host one of the social media followers was interested in with the Unemployment Rates were by age. Heres a story from marketwatch. Com that breaks down the Unemployment Rates by age. It specifically says things are not looking great for our older population. Americans 55 and older had the Unemployment Rate of 13. 6 in april. Up from 2. 6 in january. Men 55 and older had 12. 1 compared with 2. 6 in january and women in the same is group had age group had a rate of 15. 5 versus 2. 4 during the same timeframe. According to the bls data. And skip down here. Older americans are not the only ones who suffered. Every age demographic did. Some more so than others. School age adults, between 16 to 19 years old and 2024 saw the highest rates of unemployment. The only other age group with a higher rate of unemployment than those 55 and older were between 25 and 34 years old with a rate of 14. 5 last month. In january. H 3. 7 but workers in their 50s, 60s, and beyond typically face more challenges when they lose a job than younger counterparts. People 5160 years old wait an fast waited an average of nine 5160 years old waited an average of nine months to find a job during the last recession. According to the urban institute. Lets go back to the phone lines and get some final calls on this current job market. Lets talk to greg calling from norfolk, virginia. Greg, good morning. Caller hello. I just wanted to extend a comment that one of your other callers from pennsylvania said and that is i am receiving unemployment after being recently laid off. I am making more money from the Unemployment Benefits from state and federal than i did on my job. I have very little incentive to go back to work especially since i am pushing 60 years old and am afraid of getting infected by the virus. And on top of that, i think it is a shame how everyone is expecting the government to bail them out and to give the money in this situation. I hope it is a wakeup call that people need to start saving money and putting aside for disasters like this. We live in a dangerous world and there always will be pandemics and natural disasters and wars. We cannot depend on the federal government to bail us out every time. Host lets talk to karen who is calling from on rose, new york. Good morning. Caller good morning. I just wanted to say that i am working. I work in the Insurance Industry which is considered essential in new york. We only have three people coming in the office. The rest are working from home. So besides doing our regular insurance duties, we are manning the reception desk, doing the mail, and i have to say i am very grateful i can go into work every day. I am one of those people who is still struggling from 2008. You know, i just i feel for the , people who cannot go in every day for their job. Host lets talk to john calling from beachwood, new jersey and john has been furloughed. John what industry were you in , when you were furloughed . Caller automotive. I actually work for a car dealership as a technician, and i can check out so many of those boxes other callers have been discussing. Yes i was furloughed and it is , possible at this point i may have lost my job. Also i am elder, i 65 and am continue to work and continuing to pay for my benefits at work. And also i am one of those people that is also collecting unemployment with a surplus, and so actually i am making more money than what i was before. At this point im contemplating possibly not going back to work because of the difference in the money i am able to bring in. I am just, it is not a position i want to be in, but at the same time, im not that far away from actually getting to retire. It is difficult for people in my industry at my age anymore to go back to the duties they were doing before. You know i have been promised , reemployment, but at this point, it could be i would hopefully it isnt because i would like to go back to work, but it is a matter of how the economy goes and what happens with our ownership. Many other dealers are going through the same type of things. Host john, do you have any have they given you any indication of when you may be coming back to work or are they saying waitandsee . Caller it is kind of a waitandsee. Originally they were hoping to go back may 15, but obviously governor murphy applied for another extension. So we are going to have to wait and see. Host lets talk to connie who is calling from manteo, north carolina. Connie has also lost her job. What industry were you working in . Caller i was a waitress at a restaurant for over 30 years, but i had called into yalls program about a month ago over the extension. I wanted to tell that woman who called about the extension unemployment. They finally are going to release it. The problem was there was 3 i am one of those people on the extension. I have not received anything since the first of april. I finally got to talk to somebody. They said the lower 3 of the Unemployment Rate. My son had gotten applied and 10 days later got it. Ive been here over a month and they said they are releasing the money between the 15th and 23rd of may. , andu will get back pay you will get paid, but there was no money in the fund, and it was the lowest on the totem pole. That is why nobody on the extensions had got any money. So finally we had a lot of , people here that was on extensions. We are a resort community. We are opening the resort part of the beaches as of the 16th. The crazy part, the stores are not able to do that. Host lets talk to frederick calling from rustin louisiana. ,frederick good morning. , caller good morning. Host you have to get a quick comment in here, frederick. Caller i was recently unemployed. I was considered an essential worker. I was working for a processing plant, and i contracted covid19. And i was told to file for unemployment. Host we would like to thank all of our callers and social media followers and our viewers for this first hour. [captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] announcer 1 cspan has unfiltered coverage with white house briefings, updates from governors and congress and our daily call in Program Washington journal hearing about the coronavirus crisis. If you missed any of our coverage, watch ondemand at cspan. Org coronavirus. On tuesday dr. Anthony fauci and dr. Redfield testified at a Senate Hearing about returning to work and school amid the coronavirus pandemic rewatch live coverage pandemic. Watch live coverage tuesday on cspan, cspan. Org or listen on the radio. Announcer 1 from the wall street journal, this is the headline, the april Unemployment Rate rising to many