The Federal Reserve chair said that 40 percent of Americans making less than $40,000 a year have lost their jobs since March, when statewide lockdowns to prevent the spread of the novel coronavirus began, and that the United States can expect to experience unemployment levels similar to those seen during the Great Depression, but not another Great Depression.
Weekly Review
Weekly Review
Weekly Review
The Federal Reserve chair said that 40 percent of Americans making less than $40,000 a year have lost their jobs since March, when statewide lockdowns to prevent the spread of the novel coronavirus began, and that the United States can expect to experience unemployment levels similar to those seen during the Great Depression, but not another Great Depression.