Economics

Trump Likely to Face Re-Election With Jobless Rate Over 10%

  • Business near an ‘inflection point’ from virus, Hassett says
  • Rosengren: persistently high jobless rate risks severe outcome
Coronavirus Causes Unemployment to Surge to New High in U.S.
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The U.S. jobless rate may still be in the double digits when President Donald Trump stands for re-election in November, a top White House adviser said.