Unemployment will rise above 20% in May and could stay in double digits through November, said Senior White House Adviser Kevin Hassett
Unemployment will rise above 20% in May and could stay in double digits through November, Senior White House Adviser Kevin Hassett said Sunday, an indication the Trump administration is coming to terms with the fact the virus could have a lingering impact on the economy until there is a vaccine. ... [+]
in front of the West Wing of the White House May 22, 2020 in Washington, DC. Hassett discussed on the economic outlook for the second half of the year. “You’ll end up with a number north of 20% in May,” said Hassett in an interview on CNN’sHassett added that he predicts unemployment will be higher in June than was in May, and that the jobless rate could stay in the double digits through November, the same month of the general election.
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