White House Says US Jobless Rate Could Hit 25% Amid COVID-19

White House Says US Jobless Rate Could Hit 25% Amid COVID-19

Eurasia Review

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By Ken Bredemeier

The official U.S. unemployment rate linked to the coronavirus pandemic is already at 14.7%, but top White House officials said Sunday they expect it could reach 25% before the world’s biggest economy begins to improve.

“The reported numbers are probably going to get worse,” before improving in the...

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