US unemployment set to reach 15%

Name: US unemployment set to reach 15%
Uploaded: 2020-04-17T10:18:07+00:00
Duration: 2 min 54 s
Description: Job losses from the pandemic fallout in the United States reached 22 million in the past month. Unemployment in the US could reach 15%, wiping out any gains made since the recession of 2008. In Europe, governments have decided to pay businesses to keep employees on staff, rather than risk sky-high unemployment figures.

Issued on: 17/04/2020 - 12:18

Job losses from the pandemic fallout in the United States reached 22 million in the past month. Unemployment in the US could reach 15%, wiping out any gains made since the recession of 2008. In Europe, governments have decided to pay businesses to keep employees on staff, rather than risk sky-high unemployment figures.