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Unemployment

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Trump denies a major recession is coming

The latest unemployment numbers show just how hard the coronavirus is hitting the economy. Over 6 million Americans filed for jobless benefits last week, at least 20 times what is normally seen. Food banks and other resources are being pushed to their limits by people in need, while President Trump maintains that the country is not slipping into a significant recession. Weijia Jiang reports from the White House, where messages on small business loans seem to conflict with some major banks.

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Over 3 million U.S. workers file for unemployment

More than 3 million U.S. workers filed for unemployment last week, making it the worst week for unemployment claims in over 50 years. Over half of all U.S. states have ordered nonessential businesses to close, putting millions more at risk of being laid off or not working enough hours to survive. Jill Schlesinger, who called the Senate's coronavirus stimulus bill aimed at easing the pandemic's economic blow a "lifeline" to these workers, joins "CBS This Morning" to put the numbers into context.

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Demand surges at food banks amid virus crisis

Desperation is growing by the day for Americans who lost their jobs over the coronavirus pandemic, and an estimated 17 million people could now be facing hunger, in addition to those who already battle it every day. Feeding America, the national organization linking U.S. food banks, estimates it will need an additional $1.4 billion to meet increased needs over the next six months. Mireya Villarreal speaks to a newly unemployed couple in New Orleans who have turned to a food pantry as the virus crisis keeps the city under lockdown.

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