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COVID-19 Calls for Strong Federal Response to Address Massive Unemployment

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“Policymakers in Washington have done very little to combat the drastic rise in unemployment rates as a result of the COVID-19 crisis. Vox reports over 30 million people have filed for unemployment. The US Department of Labor, based on survey data from mid-April, reported April’s unemployment rate to be 14.7 percent, the highest level since the end of the Great Depression. Unless Congress is able to think outside their conventional toolbox, many fear the unemployment rate could reach levels similar to the height of the Great Depression, when unemployment peaked at 24.9 percent”

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