That great unemployment report wasn't as great as we thought

KYW In Depth: Coronavirus
Wednesday, June 10th
Trying to make sense of economic data during the coronavirus pandemic is sort of like trying to look through a pair of cracked binoculars. Millions of people around the US are out of work because of the coronavirus pandemic, and then all of a sudden we also got a jobs report last week that seemed incredibly positive. But, in hindsight, was it actually? And what happens at the end of next month when the federal unemployment benefits enhancement runs out? The systems for accessing unemployment benefits around the country have clearly been tested and found wanting -- so is there an appetite for making changes? Scott Deacle, Associate Professor and Chair of the Department of Business and Economics at Ursinus College joins KYW In Depth to bring some clarity to the coronavirus unemployment waters.