Hassett says unemployment rate could be 'north of 20%' in May with possible double-digits in November

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

A senior White House economic adviser on Sunday again forecasted the US could see steep unemployment rates in May and June amid the coronavirus crisis, with the possibility of double-digit jobless numbers in November

Washington .

Kevin Hassett, a senior economic adviser to President Donald Trump, said in an interview with CNN's Dana Bash on"State of the Union" that the unemployment rate -- which has already reached Great Depression-level figures -- for May could be"north of 20%" if"some technical things that kind of messed up" with the claims reporting are fixed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No? Really? Common sense gone...

Love how you they make 'Globally' the smallest word on that Graphic.

Does Trump know this guy works for him?

its only 328 million people that live in america, praying.................................................

Don't you mean an ex-senior White House economic adviser? Or as the WH describes him, a disgruntled former employee.

Cnn the fear mongering network backed by china commie news network

Let's hope he is (A) wrong or (B) setting up a higher number so that anything lower will be seen as a Trump Administration victory. Overestimation is a commonly used tool to make a bad situation seem better...

Time for lay offs at CNN, no one is watching.

It's time WE ALL come to the realization that Trump's only interest is his re-election & that Trump couldn't care less about anything or anyone else. Trump will say and do anything he thinks will secure his re-election, even endangering other people's lives. Trump's no leader.

Do you realize when Trump said to his supporters 'I could walk out onto 5th ave., shoot someone and not lose one vote' he's insinuating that he can get away with anything because his supporters are too stupid to know any better. Don't be fooled by Trump!

Some people vote for Trump because they are just like Trump. They will say and do anything to get what they want. They couldn't care less about anything or anyone else but themselves. They are morally bankrupt. It's JOE that has heart, Trump is missing one.

Trump didn't make america great again but, trump is transitioning America into second rate. So, why would you vote for Trump who continues to look you straight in the eyes, smile and tell you it's raining-- all the while he's pissin' on your legs?

Weird, it’s like the Govt shut down the economy. 🤔

I can’t wait for Trump to do whatever he did in 2016 to bring the country out of the Obama Recession? I’m waiting...😆

Going to be a rough Christmas.

Why does this picture have him with this dumb ass grin? SMH

Beware of WH advisers. They are setting up Trump to beat the forecast going into the election

Good job tRump. 🙄.

He is soooo getting fired for that.

You don't have to be a rocket scientist to figure this out

Hmmm 🤔

Why does that psycho always smile, it's creepy as hell.

Fear and divide will no longer equal profit for you...mix in some positive stories if you want to survive. Find Americans that are making the world a better place and report THAT. Figure it out.

called us “ human capital stock”

Why was he grinning through the whole interview? Weird.

Why the f*** is he smiling ?

If the government thinks more lost jobs are coming then they just they sit on their hands without any kind of support. Much smaller countries have helped their people out more

So a liar lied. Thanks for the hot tip, Quincy...

Between corona virus shutdown and Democratic foot dragging on reopening what did you expect.

Cute animal t-shirt ♥️♥️♥️♥️♥️ Stock available Shop Here: L2ckySt3r Shop Here: L2ckySt3r Shop Here: L2ckySt3r Order 2 and more to save on shipping! SHIPPING WORLDWIDE 20% OFF | Orders ship within 5 to 15 business days. phUXPCg

Why is he smiling?

DEMOCRATS- you backed yourself into a corner with the “HEROES ACT” what about heroes who earn $75,000+ DO THEY NOT MATTER? Are they not HEROES by your definition? Shame on the Democratic Party, Leader Pelosi, Schumer, Durbin, Perez and others!

Lies!

IS FAKE NEWS FUCK

Duh

Fear propaganda as usual nothing new still economy is brilliant

CNN hopeful on this

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How To Dress Like Fran From 'The Nanny,' 20 Years LaterThe '90s television star's iconic style feels as fresh as ever
Source: NylonMag - 🏆 697. / 51 Read more »

Lufthansa to resume flights to 20 destinations from mid-JuneLufthansa , which is in talks with the German government over a 9 billion euro ($9.8 billion) bailout, will resume flights to 20 destinations from mid-June, including some holiday hot-spots, a spokeswoman said on Sunday. Can always rely on the Luftwaffe to start things up again . DjsAviation Hired it looking for Turkish and other start alliance members?
Source: Reuters - 🏆 2. / 97 Read more »

20 Pop Culture Nonmedical Masks You Can Buy OnlineTom Nook thinks you should buy an Animal Crossing mask, just saying.
Source: BuzzFeed - 🏆 730. / 51 Read more »

20 Beauty Products ELLE Editors Can't Stop Using in Self-IsolationEvery night, after I wash and moisturize, I apply this oil. It consistently calms my face, taking away any redness and magically smoothing out my skin by morning. Granted, I can only assume my skin will once again freak out once it's greeted by the grime and pollution of daily NYC living, but for now, it's one thing in my life that's on the up-and-up. \u2014MF I like it...
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Nicki Minaj's 20 Best Feature AppearancesOver the last decade, Nicki Minaj has been one of popular music&39;s most reliable guest performances, notching dozens upon dozens of chart hits as a supporting presence on other artists&39; singles. Here are our 20 favorites. Y’all just wanna be on the barbz good side nicki queen
Source: billboard - 🏆 112. / 63 Read more »

The 20 Best Audiobooks to Listen to in QuarantineIsolation can be quiet. Too quiet. Audiobooks can help.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »