• Trump signs a record-breaking tax bazooka for the US
  • Coronavirus. Use: the dead doubled in two days

Share

March 30, 2020 The coronavirus emergency could translate into job losses for 47 million people in the United States by the end of June. Fortune reports, citing a study by the Fed of St Luois.

According to estimates by the economist Miguel Faria-E-Castro, the American unemployment rate could fly to 32.1% in the second quarter, far exceeding the peak of the great depression of 24.9%. Numbers "high compared to historical standards - observes Faria-E-Castro - but this is a shock unique like no other in the last 100 years".