U.S. economy faces historic shock, with 16% joblessness possible: Trump adviser

April 26, 2020 by  
Filed under News

The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic proportions that likely will push the national unemployment rate to 16% or higher this month and require more stimulus to ensure a strong rebound, a White House economic adviser said on Sunday.

Source: Reuters Business News

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