How the pandemic has pushed U.S. retail to brink of collapse
Clip: 5/21/2020 | 7m 11sVideo has Closed Captions
How the pandemic has pushed U.S. retail toward the brink of collapse
For more than two months, the toll of unemployment in the U.S. has grown each week. The retail sector, which was already struggling before the pandemic, is among the hardest hit, with stores closed or at reduced capacity and consumers nervous about spending money. And many economists believe these lost jobs will not be returning anytime soon. Economics correspondent Paul Solman reports.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
How the pandemic has pushed U.S. retail to brink of collapse
Clip: 5/21/2020 | 7m 11sVideo has Closed Captions
For more than two months, the toll of unemployment in the U.S. has grown each week. The retail sector, which was already struggling before the pandemic, is among the hardest hit, with stores closed or at reduced capacity and consumers nervous about spending money. And many economists believe these lost jobs will not be returning anytime soon. Economics correspondent Paul Solman reports.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...