Economic experts discuss May jobs report and how unemployment will affect the economy

News 12's Elizabeth Hashagen was joined by economic experts Russell Weaver and Martin Cantor to discuss the economy and answer viewers' questions.

News 12 Staff

Jun 5, 2020, 2:40 PM

Updated 1,449 days ago

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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.
MORE: 9 tips on filing for unemployment 

The May job gain suggests that businesses have quickly been recalling workers as states have reopened their economies.


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