Trump senior economic adviser: unemployment could pass 20% by June - Business Insider

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Trump senior economic adviser: unemployment could pass 20% by June - Business Insider
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Trump's senior economic adviser said unemployment could pass 20% by June and remain at double digits through November

US employment will likely be at "a number north of 20% in May," Hassett said.

Host Dana Bash later asked Hassett if it was possible the unemployment rate could still be in the double digits in November, which the adviser said he did. He continued: "You're going to be starting at a number in the 20s and working your way down and so, of course, you could still not be back to full employment by September or October."

"If there were a vaccine in July, then I'd be way more optimistic about it," he added, referencing how consumer activity and markets have been shaken by the pandemic.

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