The millions of Americans who have lost their jobs in recent weeks due to the coronavirus pandemic will have a devastating effects on the economy going forward as workers are left without pay. Losses in April alone could push the unemployment rate to 16%, according to James Knightley, chief international economist at ING. If another…
The post Fewer than half of working Americans will have a paycheck in May as devastating coronavirus layoffs persist, economist says appeared first on True Pundit.