Tag Archives: predicts

US unemployment to remain in double digits until November election, White House predicts

US unemployment to remain in double digits until November election, White House predicts

US unemployment to remain in double digits until November election, White House predicts US unemployment to remain in double digits until November election, White House predicts A top economic adviser to Donald Trump has predicted that the unemployment rate could still be in double digits by the 2020 presidential election in November, as the number of unemployed Americans continues to …

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I.M.F. Predicts Worst Downturn Since the Great Depression

I.M.F. Predicts Worst Downturn Since the Great Depression

WASHINGTON — The International Monetary Fund issued a stark warning on Tuesday about the coronavirus’s economic toll, saying that the world is facing its worst downturn since the Great Depression as shuttered factories, quarantines and national lockdowns cause economic output to collapse. The grim forecast underscored the magnitude of the shock that the pandemic has inflicted on both advanced and …

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Coronavirus: With poll numbers dipping and death toll rising, Trump predicts US will soon open with ‘big bang’

Coronavirus: With poll numbers dipping and death toll rising, Trump predicts US will soon open with 'big bang'

With his poll numbers dipping, Donald Trump vowed to “soon” open the US economy “with a bang”, even as the number of coronavirus deaths in the US passed the 14,500 mark and his original target date for ending the national lockdown is just four days away. The president again made questionable claims, including a bit in his prepared opening statement in which he …

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