“There’s no question this is very, very disruptive,” St. Louis Fed President James Bullard says. “We expect a very sharp increase in unemployment, a very sharp job loss.”
St. Louis Federal Reserve President James Bullard said Wednesday that Friday's jobs report will likely be one of the worst in American history.
Economists expect the Labor Department's jobs report on Friday to show that the U.S. unemployment rate to have rocketed to 16% in April from 4.4% in March.Scott Eelis | Bloomberg | Getty Images "But that's kind of expected because you're using the unemployment insurance program to provide pandemic relief," he added. "That's exactly what we want to do."shed more than 20 million jobs in April
But investors await the Labor Department's key jobs report on Friday, when economists expect to see the U.S. unemployment rate to have rocketed to 16% in April from 4.4% in March. Dow Jones economists expect nonfarm payrolls to have declined by about 21 million last month.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
José James And Taali: Alone Together DuetsJazz Night in America is introducing a new series: Alone Together Duets. Our first video features José James and Taali singing together on their first wedding anniversary. Warning: This song may induce some very lovely feelings.
Consulte Mais informação »
With Restaurants in Crisis, the James Beard Foundation Has a New MissionThe emergency funding from the James Beard Foundation was the first phase of a new, long-term campaign called Open For Good. The campaign has three phases: stabilize, rebuild, and thrive, and according to James Beard Foundation CEO Clare Reichenbach, the foundation is committing its full staff and program to the initiative for at least the next year.
Consulte Mais informação »
Here Are the 2020 James Beard Awards Restaurant, Chef, and Media FinalistsGiven the ongoing restrictions related to COVID-19, the format for the 2020 James Beard Awards is still undecided — but they will go on, and “take place” in Chicago at some date later this year
Consulte Mais informação »
Obamas, Lady Gaga, LeBron James join forces for U.S. virtual graduationsFormer U.S. President Barack Obama, Lady Gaga, LeBron James and K-Pop band BTS are among dozens of celebrities and world leaders who will salute the class of 2020 in virtual U.S. graduation ceremonies replacing the traditional end of high school and college.
Consulte Mais informação »
James Corden Hosted a “Pet Gala”—And the Results are FabulousThe Met Gala might have been postponed this year, but that isn’t stopping the most ardent party animals from celebrating what would have been—and by party animals, we specifically mean JKCorden.
Consulte Mais informação »
James Corden Hosted a Pet Gala, and Honestly, I'd Watch This Every YearThank you for this, latelateshow JKCorden. 🙏🐶
Consulte Mais informação »