unemployment rate may hit 32%, Fed estimates

I suspect Money Masters documentary writer, Bill Stills is smarter than you.

I'll listen to someone who knows instead of guesses while watching his boob tube. You under educated smuck.

[link to www.cnbc.com (secure)]

Millions of Americans already have lost their jobs due to the coronavirus crisis and the worst of the damage is yet to come, according to a Federal Reserve estimate.

Economists at the Fed’s St. Louis district project total employment reductions of 47 million, which would translate to a 32.1% unemployment rate, according to a recent analysis of how bad things could get.

The projections are even worse than St. Louis Fed President James Bullard’s much-publicized estimate of 30%. They reflect the high nature of at-risk jobs that ultimately could be lost to a government-induced economic freeze aimed at halting the coronavirus spread.

Unless he doles out more unemployment benefits and for longer time frame....

While all you praise King Trump, for a virus. He was robbing the banks via the markets. Successfully turning America into a facist state. But, don't worry he'll throw you a little stimulus to keep you happy.

Maga trust the plan!
The greatest economy ever! Trump has finished off the USA.

Arch Idiot,,,must be a stupid 20 year old.

[link to www.cnbc.com (secure)]

Millions of Americans already have lost their jobs due to the coronavirus crisis and the worst of the damage is yet to come, according to a Federal Reserve estimate.

Economists at the Fed’s St. Louis district project total employment reductions of 47 million, which would translate to a 32.1% unemployment rate, according to a recent analysis of how bad things could get.

The projections are even worse than St. Louis Fed President James Bullard’s much-publicized estimate of 30%. They reflect the high nature of at-risk jobs that ultimately could be lost to a government-induced economic freeze aimed at halting the coronavirus spread.

It just means this will be the greatest economic comeback in history

Liberals will be so sick... ahhhh...

Isn't it just like a worldwide hiatus rather than permanent unemployment?

Once it is safe to reopen won't companies just rehire everyone they had to lay off? It may take a little longer to get everything up and running again but think it's possible unless this truly is the NWO takeover.

if it gets that bad you have to wonder if the US will ever recover totally?

When it's all said and done the only people that will be left working are those whom get paid by the government.

Isn't it just like a worldwide hiatus rather than permanent unemployment?

Once it is safe to reopen won't companies just rehire everyone they had to lay off? It may take a little longer to get everything up and running again but think it's possible unless this truly is the NWO takeover.

thats low.

this goes to june, we are 50% unemployyed and there is no country left.

GET YOUR BULLETS NOW.

I suspect Money Masters documentary writer, Bill Stills is smarter than you.

I'll listen to someone who knows instead of guesses while watching his boob tube. You under educated smuck.

They have banned gun sales here In Aust now ...
Great except of course criminals can still get guns .. just the legal registered cannot...

There will not be an election. There will not be anything ever again.

That was POWERFUL.

Thank you.

.