More than a third of US workers could be unemployeed by end of 2020

Goldman Sachs predicts that unemployment in the US could hit 25%

US Unemployment could hit 25%

The investment bank predicts in a new report that unemployment, which surged to nearly 15% in April, could soar to 25% this year. That would equal the peak jobless rate during the Great Depression. More than a third of U.S. workers could be unemployed when counting people who are too discouraged to search for a job and those who can only find part-time work.


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