Great Depression news and trends

Goldman: US Unemployment Rate Could Hit 25 Pct

May 14, 2020
Goldman Sachs predicts 25 percent unemployment
Economist Mark Zandi: A Second Round Of Virus Would Bring A Depression
Economy // May 11, 2020

A Moody’s Analytics economist warns the nation will hit bottom, even worse than we’ve seen, if the coronavirus spikes a second time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Goldman: US Unemployment Rate Could Hit 25 Pct

May 14, 2020
Goldman Sachs’ forecast for the nation’s unemployment rate rose by 10 percent, as the bank now predicts at least a 25 percent unemployment rate due to the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

Economist Mark Zandi: A Second Round Of Virus Would Bring A Depression

May 11, 2020
A Moody’s Analytics economist warns the nation will hit bottom, even worse than we’ve seen, if the coronavirus spikes a second time. Get the Full Story Complete the form to...