'The economic and jobs numbers are going to continue to deteriorate,' Kudlow said on Friday.
Director of the National Economic Council Larry Kudlow said on Friday that unemployment numbers would continue to get worse as the U.S. reported its highest unemployment numbers since the Great Depression.
Kudlow was addressing the latest unemployment numbers for April released Friday morning by the Bureau of Labor Statistics. About 20.5 million Americans lost their jobs last month, the BLS said in its report. The number stands in sharp contrast to the Great Recession of 2008, when from January 2008 to February 2010, 8.8 million people lost their jobs.
Larry Kudlow looks on during a meeting at the White House on April 28. Kudlow told Fox Business,"I don't think this pandemic contraction has yet fully run its course."The April report has been widely anticipated as weekly unemployment rates have continued to hold steady, with the BLS reporting millions of job losses each Thursday.
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