Bay Area Economists Weigh In On Whether U.S. Is Headed For Depression From COVID-19

Authors

Jack Rasmus, Saint Mary's College of California

Status

Faculty

School

School of Economics and Business Administration

Department

Economics

Document Type

Expert Opinion

Publication Date

5-10-2020

Publication / Event

KPIX-5

Description

Economics and Politics Professor Jack Rasmus weighed in on whether the country is headed for a depression from COVID-19.

OAKLAND (KPIX 5) — With new unemployment figures showing 20 million American jobs lost in the month of April alone, KPIX 5 asked two Bay Area experts to explain where the U.S. could be headed at this historic economic moment in time.

“We are definitely in a great recession,” said Dr. Jack Rasmus, a professor at St. Mary’s College. He added that it does not quite fit the criteria of a depression. Watch More.

Comments

SMC in the News: Professor Jack Rasmus Speaks to KPIX-5 About the Economic Recession

Disciplines

Economics

Recommended Citation

Rasmus, Jack. (Faculty, School of Economics and Business Administration) Bay Area Economists Weigh In On Whether U.S. Is Headed For Depression From COVID-19 (2020). KPIX-5. [expert_opinion].
https://digitalcommons.stmarys-ca.edu/faculty-community-engagement/125