The U.S. is going to see a jobless rate comparable to what happened during the Great Depression as it recovers from the novel coronavirus pandemic, Kevin Hassett, President Donald Trump’s economic adviser, said on ABC’s “This Week'
The U.S. is going to see a jobless rate comparable to what happened during the Great Depression as it recovers from the novel coronavirus pandemic, Kevin Hassett, President Donald Trump’s economic adviser, said on ABC’s “This Week.”“Around 2008, we lost 8.7 million jobs and the whole thing. Right now, we're losing that many jobs about every 10 days,” he said Sunday. “And so … the economic lift for policymakers is an extraordinary one.
"We're going to be looking at an unemployment rate that approaches rates that I think we saw during the Great Depression." https://t.co/vM8WcrQKg0 pic.twitter.com/ds7QtseNqe
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