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

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

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