Almost everyone remembers the so-called crash of 1987. Are things even worse now than they were back then? The Bureau of Labor statistics just released its household and payroll surveys today. For further analysis – and to find out if the predictions of a 7.5 percent unemployment rate are valid – we turn to Diana Furchtgott-Roth, Senior Fellow at the Hudson Institute and former chief economist of US Dept of Labor. Click to hear the interview.

Copyright © 2025 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.