US Treasury Secretary Steven Mnuchin warns coronavirus could yield 20% jobless rate as he proposes US$1 trillion economic stimulus

March 18, 2020 9:28 AM

WASHINGTON (BLOOMBERG) - Treasury Secretary Steven Mnuchin raised the possibility with Republican senators that US unemployment could rise to 20 per cent without government intervention because of the impact of the coronavirus, according to people familiar with the matter.

from
The Straits Times World News