White House advisers expect unemployment rates to continue to rise - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

White House economic advisers expect 'very difficult' unemployment numbers in May after devastating job losses in April

White House National Economic Council Director Larry Kudlow speaks to reporters in the briefing room of the White House in Washington, Tuesday, Jan. 22, 2019White House economic advisers said Sunday they are expecting "difficult" unemployment numbers in May.

Secretary of the Treasury Steven Mnuchin said on Fox News Sunday that "reported numbers are probably going to get worse before they get better."White House economic advisers said Sunday that the US is likely to see "very difficult" unemployment numbers in May, with unemployment rates nearing 20%. , the country has largely shut down, with many businesses closing their doors and workers finding themselves out of a job.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'Make America great' on the contrary

Just like the virus itself, the economic avalanche is just starting and will takeout a lot innocents. Just like the great gop recession of 2008....years of loss.

Why is it the Trump circus Admin all speak of what they think, never what they know?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

White House planning airport temperature checks despite CDC warning - Business InsiderThe CDC warned against a 'poorly designed' plan to implement temperature screenings at 20 US airports. The White House is reportedly moving forward anyway. People who have the virus may not have a temperature or any other symptoms. Months late and still not up to scratch. TrumpVirus Covid19
Source: BusinessInsider - 🏆 729. / 51 Read more »