How the COVID-19 crisis compares to the Great Depression
Marketplace
We got the March jobs numbers this morning — 4.4% unemployment, more than 700,000 jobs lost, and it’s going to get a lot worse. Lenders are bracing themselves for missed mortgage payments and investors are avoiding loans that aren’t backed by the government. Today, we’ll dig into the economic ripple effects. Plus, small businesses trying to apply for emergency loans and the impact of COVID-19 on both funeral homes and the ad industry.