Trading Perspectives Podcast #89: The Impact of Unemployment on Society

May 19, 2020, by Sara McPherson

Trading Perspectives Podcast logo, John Norris

The Impact of Unemployment on Society

In the last 2 months, America has lost decades worth of jobs.  2-3 million people a week are filing initial jobless claims.  What does that mean for society in terms of future wage growth, mental health, divorce rates or crime rates?  Businesses that are currently, or planning to, reopen will eventually adjust to operating on a lower employee base.  How do we fix it?  What can we do to minimize the impact?​

 

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