Economist: Coronavirus recession ‘turning into the Great Depression II’ amid jobless spike

In a note on Thursday, MUFG Chief Financial Economist Chris Rupkey warned that the 26 million unemployment claims filed in the U.S. amid the coronavirus pandemic could have dire implications for the future of the U.S. economy. Rupkey joins Yahoo Finance’s Zack Guzman to break it down. …read more

Source:: Yahoo Finance

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