President Barack Obama claims that the country’s low unemployment rate shows that we’ve rebounded from the Great Recession. But presidential candidates Donald Trump and Bernie Sanders say the “real” unemployment rate is much higher. During this episode of BackStory, the Guys will look at the invention of the official unemployment rate, discuss the struggle among Baltimore’s working classes in the early 19th century to find and keep work, and uncover the hidden history of unemployment in the U.S.
Writers Tracey Scott Wilson and Stephen Schiff join Molly Nussbaum, Joel Fields and Joe Weisberg to discuss their collaborative writing style, and the deeply personal conversations that fueled the content of this week's episode.
As the bull market celebrates its eighth anniversary, how much longer can the bulls keeping running? Wells Capital Management chief investment strategist Jim Paulsen joins John Wordock.