Unemployment rate will take a decade to recover

Video Credit: KTNV Channel 13 Las Vegas
Published on July 3, 2020 - Duration: 00:24s

Unemployment rate will take a decade to recover

The national unemployment rate fell to 11.1% Thursday, and a new report shows it could take years for the US economy to recover from COVID-19.

The Congressional budget office estimates unemployment won't return to pre-pandemic levels for at least a decade.


Unemployment rate will take a decade to recover

IT COULD TAKE YEARS FOR THE U-SECONOMY TO RECOVER FROMCOVID-19.THE CONGRESSIONAL BUDGET OFFICEESTIMATES UNEMPLOYMENT WON'TRETURN TO PRE-PANDEMIC LEVELSFOR AT LEAST 10 YEARS.THE C-B-O IS ALSO REVISING ITSFORECAST FOR OVERALL ECONOMICGROWTH.AND, IT'S PREDICTING THEDEFICIT COULD QUADRUPLE THISYEAR.TWO KANSAS CITY POLICE OFFICERSWERE INJURED AFTER TWO SEPARATE

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