US record unemployment rate expected to worsen over summer New Corona impact May 20 8:51
Regarding the large number of unemployed people in the United States due to the influence of the new coronavirus, the U.S. Congressional Budget Office has said that the worst unemployment rate of 14% since World War II recorded last month will further increase this summer. Published a forecast that it will get worse.
As a result, the unemployment rate in the US is predicted to worsen from 15.1% in April to June, to 15.8% in July to September.
The reason is that the country's support measures for SMEs will be completed in the next few months, and the dismissal movement will be strengthened again, and it is expected that the number of dismissals will increase in states and cities where tax revenue has dropped. ..
In addition, the average unemployment rate is expected to remain high at 11.5% from October to December, which is the time of the presidential election, indicating that it will take time for the employment situation to recover.
In the US Congress, the opposition party and the Democratic Party continue to fight off the opposition party by demanding additional economic measures such as extension of the unemployment insurance payment period, but the Budget Bureau will increase the number of people who are not actively looking for work due to expansion of unemployment insurance Point out that it will lead to an increase in the unemployment rate.