Betsy Stevenson

The majority of the unemployed are typically not eligible for unemployment insurance.

There's a lot of young people trying to get entrance into this labor market who are struggling to do so.

They're not eligible for unemployment insurance.

Was today real? Honestly, like today just seemed like an unreal day. Truly.

Was today real? Honestly, like today just seemed like an unreal day. Truly.

Was today real? Honestly, like today just seemed like an unreal day. Truly.

Was this week real? Exactly.

Was this week real? Exactly.

Was this week real? Exactly.

It's only Wednesday.

It's only Wednesday.

It's only Wednesday.

Yeah, yeah. What's this?

Yeah, yeah. What's this?

Yeah, yeah. What's this?

Are you talking about the president?

Are you talking about the president?

Are you talking about the president?

OK, in one single day this week — I'm talking about Wednesday, yesterday — two extraordinary things happened. In the morning, we woke up to the news that investors had started rapidly selling off U.S. bonds, which worried economists because U.S. bonds are the safe haven, and it's a very bad sign for the U.S. economy if investors no longer trust the safe haven.

OK, in one single day this week — I'm talking about Wednesday, yesterday — two extraordinary things happened. In the morning, we woke up to the news that investors had started rapidly selling off U.S. bonds, which worried economists because U.S. bonds are the safe haven, and it's a very bad sign for the U.S. economy if investors no longer trust the safe haven.