More than 20 million jobs gone, 10 years of job gains wiped out in just two months, the largest one-month employment loss on record.

Hello, everyone. I'm CNN senior political reporter Nea Malika Henderson in for David Chalien.

This is the Daily DC.C. Friday brought

even more devastating economic news with an official unemployment rate of 14.7%. Now, that is the

highest number since that stat began being tracked in 1948, but these numbers, they might not even tell the whole story.

I want you to take a listen to Treasury Secretary Stephen Mnuchin get asked about this

yesterday on Fox News.

So aren't we talking close to 25% at this point, which is Great Depression neighborhood?

Chris, we could be, but let me just emphasize, unlike the Great Depression where you had

economic issues that led to this, we closed down the economies.

The reported numbers are probably going to get worse before they get better, but that's

why we're focused on rebuilding this economy.

But despite those warnings from within his own administration, President Trump,

he is sounding an optimistic note in saying that those jobs are going to be back.

The strongest economy in the history of the world, the strongest economy we've ever had,

and we had to close it, which is artificial. We artificially closed it. Those jobs will all be back, and they'll be back very soon.

And next year, we're going to have a phenomenal year.

Joining me now to break this all down, we've got Washington Post Economic columnist

Catherine Rampel.

Catherine, thanks so much for being here.

My pleasure.

Now, Catherine, I got to say when these numbers came out on Friday morning,

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