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MPR News with Angela Davis
Angela Davis and Chris Farrell

The COVID economy

Treasury Secretary Steven Mnuchin
Treasury Secretary Steven Mnuchin speaks in the press briefing room with President Trump, Vice President Mike Pence and Small Business Administrator Jovita Carranza during a Coronavirus Task Force briefing on April 2, 2020.
Win McNamee | Getty Images

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Nearly 500,000 people have filed for unemployment in Minnesota over the last five weeks. What is the government doing to help people who are struggling financially? What are the long term impacts on the economy? Are we headed into a recession or depression?

MPR’s senior economics contributor Chris Farrell answers questions about how the restrictions imposed because of the COVID-19 pandemic are affecting the economy.