Neel Kashkari: The Unemployment Rate
In The Moment … May 18, 2020 Show 819 Hour 1
The recent release of the April jobs report put the nation's unemployment rate at 14.7% and showed a loss of 20.5 million jobs during the month.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, fears that the unemployment rate is understated and that the real number is much more devastating.
Neel Kashkari was a virtual guest for last week's Morning Fill Up hosted by Matt Ehlman of the Numad Group.
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