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Business Matters: US unemployment highest since the 1930s

Picture: A row of closed shops in Los Angeles. Picture credit: AFP.

09/05/2020 GMT

US unemployment highest since the 1930s

BBC World Service - Business Matters, US unemployment highest since the 1930s

Unemployment numbers in the US rise to levels not seen since the 1930s

Unemployment in the US has risen to levels not seen since the 1930s; we speak to the BBC's Michelle Fleury and Chris Low from FHN Financial. Live entertainment venues are on the brink of collapse in many countries as Fergus Nicoll reports. More than £241m, seized from Nigeria's former dictator, Sani Abacha has been returned to the country, but billions are still unaccounted for, as we hear from the BBC's Russell Padmore. Mike Johnson talks to employees on three continents to find out whether the coronavirus has permanently changed the workplace. Plus we hear from Arlan Hamilton, founder and managing partner of Backstage Capital, a venture capital firm that invests in companies with underrepresented founders - women, people of colour and members of the LGBTQ community. And we're joined throughout the programme by Meghan Woods, acting chief of staff at the Australian radio station ABC South West. (Picture: A row of closed shops in Los Angeles. Picture credit: AFP.)

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