Long-term unemployment hits highest level in 9 years
Despite a solid bump of 379,000 new jobs in February, today’s employment report shows a continued rise in one closely watched category: Americans who have been jobless for over half a year. More than 4 million workers are currently considered long-term unemployed. And the longer people are away from the workforce, the longer it takes to return. Also on today’s show: an update on the COVID-19 relief package, why full retail recovery hinges on women getting back to work and Chipotle makes moves to hit diversity and sustainability targets.