US Federal Official Warns of 30% Unemployment in the United States

US Federal Official Warns of 30% Unemployment in the United States

Federal Reserve Bank of St. Louis President James Bullard predicts unemployment levels will skyrocket as COVID continues to spread. The Federal Reserve’s senior official believes unemployment could hit 30% in the months ahead as the coronavirus pandemic continues to ravage. This is as a result of the widespread business closure that has been adopted to …