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NBC Nightly News with Tom Llamas

BONUS: Kate Snow on Into America

NBC Nightly News with Tom Llamas

NBC News

Politics, Congress, News, War, Campaign, Information, President, World, Policy, Political, Government

3.92.1K Ratings

🗓️ 8 May 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

Kate Snow joins Into America to discuss how the surge in unemployment is sparking a mental health crisis.

Transcript

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0:00.0

When you're unemployed, there's only three days that matter.

0:08.8

Yesterday, today, and tomorrow.

0:12.4

I honestly, half the time I don't even know what day it is.

0:17.7

Every day feels the same.

0:28.6

In this pandemic, tens of millions of Americans have suddenly, almost without warning, lost their jobs. This morning, we got another rough weekly jobs report.

0:32.6

Another 3.2 million Americans filed jobless claims.

0:36.6

I'm talking unemployment. Add that to the last six

0:40.8

weeks and the number is over 33 million. Tomorrow we're going to get the April jobs report

0:45.8

and I assure you it is going to be a bad one. These numbers indicate that roughly 20% of the

0:51.7

American workforce is out of work, far higher than what we saw

0:55.8

in the recession of 2008, when 10% of the U.S. workforce was out of a job. And many experts believe

1:02.8

the current unemployment claims are an undercount, because millions of Americans have tried

1:08.8

to file for unemployment, but either couldn't get through

1:11.1

or found the process too difficult. The fact is, unemployment could be approaching levels

1:16.4

not seen since the Great Depression. But this isn't just an economic crisis.

1:24.4

Everybody's talking about the job numbers, the unemployed numbers, how millions of Americans are out of work, and that is going to translate into a mental health crisis.

1:39.2

I'm Tremaine Lee, and this is Into America.

1:43.6

Today, a look at what happens when an economic crisis intensifies a mental health crisis.

1:55.0

Even before the coronavirus outbreak, we knew the effects of joblessness on mental health.

2:02.9

Research shows that suicide rates increased during economic downturns. Now, just a few months into this pandemic, federal

2:09.5

crisis hotlines are reporting a spike in cause. And according to a Kaiser Family Foundation

2:14.7

survey, nearly half of Americans say this pandemic is harming

...

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