Retail sales are down, as are orders for manufactured goods, and the number of people claiming jobless benefits remains near record highs. But the key for tracking the recession today is unemployment. Numbers are released later this morning. The Wall Street Journal's Kelly Evans tells The Takeaway how high it could go.
"It's not a matter of re-training or re-positioning yourself to get that lower skill, lower wage job. The problem is that even that job isn't there."
— Wall Street Journal reporter Kelly Evans on rising unemployment numbers