Unemployment hits 14% with 20M jobs lost – highest since Great Depression – but Trump says numbers ‘totally expected’
UNEMPLOYMENT in the US has reached 14.7 percent – the highest it's been since the Great Depression.
President Trump said on Friday he's unconcerned, as the numbers are "totally expected."
Appearing on Fox & Friends, Trump said the unemployment rate was "expected."
"It’s fully expected there’s no surprise everyone expects that," he said.
"Even the Democrats aren’t blaming me for that. What I can do is I can bring it back," he added.
Experts have amid the coronavirus outbreak and lockdowns across the nation.
Shutdowns have caused workers to have hours cut, been furloughed or lose their jobs entirely as non-essential businesses shuttered to stop the virus.
Over the past week alone, 3.2 million Americans filed for unemployment – keeping the numbers climbing week-by-week.
In just a matter of a month, job growth from the Great Recession has been shattered due to the coronavirus pandemic.
A $2.2trillion stimulus package was passed in late March, including $1200 stimulus checks to Americans that fall within a certain income bracket.
Millions of people are – and could be for up to five months.
There have been talks of a , but nothing has been passed in Congress yet.
President Trump himself yesterday, as he said "something could happen."
"There is talk about something happening. And we'll see what's going on," he said Thursday.