Aug 13, 2020

Just under 1 million people signed up for unemployment last week. Somehow, that’s an improvement.

The Labor Department said that applications fell to 963,000, the second straight drop, from 1.2 million the previous week. Bridget Bennett/AFP via Getty Images

Last week, 963,000 more people signed up for unemployment benefits. Plus, how do we define price gouging? Also, how families are feeling about the upcoming school year. And, understanding the pay gap for Black women.

Segments From this episode

It's stunning that first-time jobless claims are as high as they are

Diane Swonk, chief economist at the tax and advisory firm Grant Thornton, has more.

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COVID-19

What constitutes price gouging?

by Jasmine Garsd

Aug 13, 2020

States prohibit exorbitant price increases for essential goods during an emergency.

Rising prices by a lot on essential items — like eggs or medicine — during a crisis is illegal.

Philippe Huguen/AFP via Getty Images

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Parenting in a Pandemic

Families are worried about the costs of online learning, study shows

by David Brancaccio , Kristin Schwab and Alex Schroeder

Aug 13, 2020

Parents are concerned about what online learning could to do their finances and their career growth.

The burdens on families include paying for devices, internet connection and lunches, but also concerns about career growth for parents.

Justin Sullivan/Getty Images

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Race and Economy

For Black women, the pay gap persists

by Erika Beras

Aug 13, 2020

In times of crisis, existing patterns of inequality become more pronounced.

Before the pandemic, a Black woman made 62 cents for every dollar a white man made. But COVID-19 has likely exacerbated that.

Drazen Zigic/Getty Images

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The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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