'The worst is yet to come': The Fed's Kashkari issues a grim outlook for US jobs, and urges more assistance from Congress
Thomson Reuters
Federal Reserve Bank of Minneapolis President Neel Kashkari said that US workers will likely need more aid from Congress for a gradual coronavirus recovery on"It's really around 23%, 24% of people right now who are out of work today," Kashkari said, following April's jobs report Friday that showed"If this is a gradual recovery the way I think it's going to be, those folks are going to need more help," he said.
So far, the government has allocated trillions of dollars in relief to American households, workers, and businesses. At the end of March, President Donald Trump signed a
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