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

Russia Today - News

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

Hence then, the article about expect unemployment rates to hit great depression level warns trump s economic advisor was published today ( Monday 27/04/2020 - 12:50 AM ) and is available on Russia Today ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Expect unemployment rates to hit ‘Great Depression’ level, warns Trump’s economic advisor )

Last updated : 27 April 2020 clock 12:50 AM

Also on site :

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

Read Trump’s record-breaking hour and 48-minute State of the Union speech in full

Heathrow’s annual earnings drop by more than a third

Iran Compares Trump Admin to Nazis After SOTU Threat

Walmart Has a Modern Farmhouse Kitchen Sideboard on Sale for $150, and It Adds 'So Much Extra Storage'

India eyes Su-30MKI aircraft upgrade – media

CCS basketball playoffs: Best of Tuesday’s quarterfinals

Nikkei index ends at record high

'A dominant character' - Gavin Cowan hails impact of Shrewsbury Town goalkeeper Matt Cox

What channel is Norwich City v Sheffield Wednesday Championship match on? TV coverage, live stream and kick-off time

Scott Jennings: SOTU Dems Refusing to Prioritize Americans Over Illegal Aliens Is a GOP Campaign Ad

Not Hashim Amla or Dale Steyn! Afghanistan appoint THIS stalwart as new head coach after T20 World Cup 2026 exit

BlueNord: Successful Closing of the Extension of the USD 1.4 billion RBL Facility

Nippon Steel raises ¥600 billion from bonds to repay U.S. Steel loans

Man found with severe head injuries was possibly struck by motor in dark Wolverhampton street

‘They counted us out’: Granada uses late run to beat Amador Valley, advances to NCS D1 title game