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As unemployment skyrockets, the labor market's future looks grim

April 27, 2020 00:00 AM UTC
- Updated April 29, 2020 18:53 PM UTC

Moody’s Analytics' Cris DeRitis joins Fortune to explain where we go. from here.

Transcript

It's our first detailed look at how many Americans have lost their jobs because of the Corona virus pandemic, and it's a lot a jaw dropping 3,283,000 jobless claims were filed last week. A record shattering 6.6 million Americans filed for unemployment last week. The unemployment situation today is q...

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