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U.S. economy faces historic shock, with 16% joblessness possible, Trump adviser says
April 27, 2020 08:02 am
WASHINGTON, April 27:The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic proportions that will likely push the national unemployment rate to 16% or higher this month and require more stimulus to ensure a strong rebound, a White House economic adviser said on Sunday.
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