US employment will likely be at "a number north of 20% in May," Hassett said.
Host Dana Bash later asked Hassett if it was possible the unemployment rate could still be in the double digits in November, which the adviser said he did. He continued: "You're going to be starting at a number in the 20s and working your way down and so, of course, you could still not be back to full employment by September or October."
"If there were a vaccine in July, then I'd be way more optimistic about it," he added, referencing how consumer activity and markets have been shaken by the pandemic.
Economic and Social Costs of 'Reopening' America
Unemployeds do not vote.
incidentally, that seems to be the most optimistic scenario
The government this going to have to provide incentives to businesses to expand their workforce with subsidies. They are also going to have to incentivise people to get back into work by possibly reducing the level of benefits. COVIDー19
Such a shame the Dems did it on purpose for political BS. TRUMP2020
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