Several top Trump administration officials on Sunday continued to predict dire, Depression-era unemployment numbers for the month of May.
Several top Trump administration officials on Sunday continued to predict dire, Depression-era unemployment numbers for the month of May, days after the official US jobless rate surged for the month of April amid the coronavirus crisis.
On Friday, the Bureau of Labor Statistics reported that the US economy lost 20.5 million jobs in April, with the unemployment rate reaching 14.7% that month. And Treasury Secretary Steven Mnuchin gave an even steeper figure on Sunday when asked in an interview with Fox News where unemployment stands after taking into account the people who filed claims after the latest report stopped around the middle of the month.
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