Make It Plain with Mark Thompson

June Saw Jobs Added but July Is Set to Be Another Drop says Chad Stone of the Center on Budget and Policy Priorities

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Synopsis

Jobs were added in June, but as Chad Stone, Chief Economist for the Center on Budget and Policy Priorities, points out, we're still in a massive deficit from what was lost back in February. And now that social distancing has relaxed in many states, and coronavirus begins to surge again, "jobs are going to be disappearing already" from the 4.8 million that were gained last month. Mark and Chad break down individual demographics to better understand who is getting back to work and he lets us know why he thinks July's numbers are "almost surely" going to be worse than this report. But before we get to July, we're also taking a look at how state and government jobs have gotten clobbered, and it could get worse. There is so much more to the jobs report than the number of jobs added, and Chad is here to help us understand it all! Executive Producer: Adell Coleman Producer: Brittany Temple Distributor: DCP Entertainment For additional content: makeitplain.com  See acast.com/privacy for pr