Economic experts discuss May jobs report and how unemployment will affect the economy
By: News 12 Staff Jun 5, 2020, 2:40pm Updated on: Jun 5, 2020
News 12's Elizabeth Hashagen was joined by economic experts Russell Weaver and Martin Cantor to discuss the economy and answer viewers' questions.
The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added - a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic.