businesses have suffered due to code 900 black businesses were hit the hardest the national bureau of economic research found that 41 percent of black owned businesses that's 444000 enterprises have been up and compared to just 17 percent of white owned businesses. black folks bore the brunt of america's scores of racism for generations but it's shocking how many whites are just now waking up to the blatant inequities for god that while blacks and several groups of well meaning supporters challenging the status quo are protesting in the streets the truck ministration his supporters are labeling them as anarchists and peaceful un-american and i'm patriotic we're clearly at a breaking point a new book titled the anti-racists how to start the conversation about race and take action breaks down racial injustice is the harsh realities facing blacks in america and what we can do to move the needle forward towards progress author and poet juande joins us now welcome. don't over good thank you as always for coming. so from the looks of it your book had a lot of interesting chapters very interesting it leans he

they're gone according to new data from the national bureau of economic research. ut you're painting this rosy picture of everything is going to be fine for everyone. and a lot of people are just now learning that they're about to lose their jobs or they're barely hanging on. their business is, you know, hanging by a thread. or is already gone. >> right. well, yeah, i think i would disagree with your characterization, i would say it's way better than expected but still lots of terrible, bad news. and the fact is though that if the places like washington, d.c., just stay shut, then we could expect to see a massive wave of bankruptcies. there are all sorts of small businesses that are just barely holding on, especially, you know, restaurants and hotels. at some point, they're going to decide that it's not worth it anymore. so it's very, very important that the country, you know, as safely as possible, wearing masks and so on, begin to get back to normal and if not, people will run out of money and then you get a second wave of bankruptcies and a real, real deep double

quarters later than the june survey kelly, as you know, the recession is over when the national bureau of economic researchr. i don't know if you or i wantt be the one to call jim perterba and ask him that question. he's a frequent guest on this show, and maybe it's time for us to do another grilling of jim. >> it would seem mathematically it's over, but the important question is when are we back, and the third quart either of 2022 is eight months out, still. >> they also forecast the unemployment rate, so they've reduced that number. i believe the end of the recession is where things bottom and start to come up sometimes the nber takes a long time because the data is issued with a lag, and they want to see if it's revised to make sure that all of those key data points are all improving and we are, indeed, in an expansion phase right now. >> yeah. they were quick on the way in, though, steve. i think it's time you ring them up mr. perterba, keep an eye on your phone steve liesman with the latest update >>> just in the past hour, moynihan told investors that the august spending fell back to 2019 levels. he

associate professor of economics and education at teachers college columbia university and directs the economics program and dr. clayton is a faculty research associate at the national bureau of economic research and senior research scholar at the community college research center and holds a bachelor degree from wesley and ph.d. from harvard. our final witness kristin hullcyst firm hcm strategies, she helped steward and direct two recent initiatives american dream 2.0 coalition and the doing better for more students technical report. she served as the u.s. department of education senior adviser to the undersecretary of education and the program director for education policy at the national governors association. she holds a bachelor degree from california polytechnic state university, a masters from georgetown. i look forward to everyone's testimony. we thank you for being here. let me please remind you to summarize your testimony in five minutes if you will. and let's begin with dr. long. welcome. >> good morning, everyone. chairman daryl, senator murray and members of the committee thank you for the opportunity to appear before you again today. my name is dr. bridget te

research is coming out from the national bureau of economic research in the number of minutes extra, nutes per day and these are researchers from harvard and nyu that found out it's almost an extra hour a day. >> i feel it also. i believe we are ready. are we ready with the vice president? not quite yet. virgin atlantic is the latest airline to announce job cuts. christina, how many? >> i-- >> oh, lauren. go ahead, lauren. >> sky news is reporting virgin atlantic will cut at least 1000 jobs as soon as today. you can expect that job announcement today. transatlantic basically dead. they did get a private loan helping, but still their workforce will be half of what it was before the pandemic. >> thank you. now, we have the vice president of the united states of america, mike pence. mr. vice president, great to see you and thank you so much for being here. we appreciate it. >> u2, david. great day for america. great jobs report today, 1.4 million jobs and a huge decline in unemployment down to 8.4. testament to the resilience of the american people and the strong foundation of president