"It's Devastating": Kashakri Says Real Unemployment Rate Is As High As 24%
May 7th 2020 9:05am EDT
“It’s Devastating”: Kashakri Says Real Unemployment Rate Is As High As 24% Minneapolis Fed president, Neel Kashkari, said that Friday’s jobs report will likely understate the real unemployment picture as it will only reflect people who are “actively looking for work”, a nearly impossible task in a time of nationwide lockdowns, and that the country […]
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