May 21, 2020

2.4 million more people filed for unemployment

First-time unemployment claims are down slightly from the week before. Olivier Douliery/AFP via Getty Images

It's now 39 million people that have filed first-time unemployment claims since the lockdowns started. Mortgage loan delinquencies skyrocket. Marketplace's podcast "The Uncertain Hour" has a new episode out about the wealth and poverty history of quarantines.

Segments From this episode

COVID-19

As unemployment skyrockets, so do mortgage loan delinquencies

by Jasmine Garsd

May 21, 2020

April saw the biggest one-month jump in U.S. home loan delinquencies ever.

More than 3.8 million mortgage holders, 7.3% of all home loans, have already entered into forbearance plans as of April 30.

Frederic J. Brown/AFP via Getty Images

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Music from the episode

Same Old Lie Jim James

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Rose Conlon Producer

Brian Allison Technical Director

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