Expect unemployment rates to hit ‘Great Depression’ level, warns Trump’s economic advisor ...United Arab Emirates

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Expect unemployment rates to hit ‘Great Depression’ level, warns Trump’s economic advisor
White House senior advisor Kevin Hassett says US economy is in “grave situation” and the unemployment rate could be hitting the same numbers seen during the Great Depression due to the Covid-19 pandemic. "We're going to be looking at an unemployment rate that approaches rates that I think we saw during the Great Depression,” Hassett told ABC’ ‘The Week’ on Sunday.  Hassett called the economic state in the US a “grave situation” and “the biggest negative shock [the] economy has ever seen.” Hassett continued to paint a bleak picture when he compared jobless numbers today to those from the economic recession from 2007 to 2009, the worst

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