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Explaining America’s Current Unemployment Crisis

Why job losses have been so brutal and how they expose economic fault lines.

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With tens of millions of Americans currently out of work, the U.S. is experiencing an unemployment crisis on a scale not seen since the height of the Great Depression. This video looks at the devastating effects of rising joblessness while also explaining how several European governments intervened to avoid disastrous unemployment rates. 

Questions:

  1. Why is the U.S. unemployment insurance system not equipped to face the current crisis?
  2. Do you think the U.S. should take a more active role in providing relief to both companies and employees? Why or why not?
Author: NickelsMcHughMcHugh