Mnuchin: Unemployment to get worse before it gets better
United States Treasury Secretary Steven Mnuchin said on Sunday that he expects the unemployment in the country to fall further due to the coronavirus crisis.
“The reported numbers are probably going to get worse before they’re going to get better,” Mnuchin told Fox News and added the economy is expected to start recovering in the third quarter.
The official also stressed that the Trump administration is “willing to spend whatever it takes” to help the economy and confirmed it is “absolutely pushing for a payroll tax cut” as part of the next stimulus package.
Get involved!
Comments