#14 Job Loss City

U.S. unemployment hit 8.1 percent in February — unless you count the underemployed, too, in which case it's 14.8. Economist Howard Rosen of the Peterson Institute for International Economics takes your questions about the real picture, COBRA, and which industries might be hit next.

Plus: Ken Rogoff of Harvard says the economy's not so bad, if you look back over eight centuries or so. And Planet Money editor Jonathan Kern reads his "Villanelle for Uncertain Times."