Minister warns of sky-high unemployment in the UNITED states without actions

on Tuesday morning local time, warned the UNITED states's finance minister, Stephen Mnuchin, at a closed meeting of republican senators that the unemployment r

Minister warns of sky-high unemployment in the UNITED states without actions

on Tuesday morning local time, warned the UNITED states's finance minister, Stephen Mnuchin, at a closed meeting of republican senators that the unemployment r

Ann McDonald
Ann McDonald
18 mart 2020 Wednesday 01:00
15 Reads
Minister warns of sky-high unemployment in the UNITED states without actions

on Tuesday morning local time, warned the UNITED states's finance minister, Stephen Mnuchin, at a closed meeting of republican senators that the unemployment rate may rise to up to 20 per cent, if the economy simply allowed to go its time under the coronaviruskrisen.

It tells senators with knowledge of the meeting.

At the meeting was Mnuchins designed to persuade the senators to vote for a financial aid package of about 1000 billion u.s. dollars. This corresponds to around 6800 billion Danish kroner.

There is not an actual forecast, but rather an attempt to illustrate the risk by lack of action, says.

- In the course of the meeting with the Senate republicans used the Mnuchin several mathematical examples to illustrate the situation, but he hinted never that they would become reality, says the spokesperson of the ministry of finance Monica Crowley on the mail.

Finansmediet Bloomberg was the first to report on the meeting content.

According to Eurostat, the UNITED states had in October 2019, the unemployment rate, at 3.6 percent.

Mnuchins warning corresponding to a warning, which was given to the american congressmen during the financial crisis in 2008. Here was a bail out for 700 billion dollar adopted.

Trump administration's attempt to get the aid package through comes, in the middle of the UNITED states is reportedly making ready to close the borders to the north and the south as a part of the latest efforts to mitigate the infection.

Several media outlets are reporting so, that the UNITED states and Canada want to close the border between the two countries for all non–necessary travel. It writes among other things, the Globe and Mail and the CBC.

Earlier on the night of Wednesday local time, it emerged that the US also wants to close the border with Mexico, according to The New York Times.

All 50 u.s. states have now been confirmed smittetilfælde, and over 100 people's death can be related to the coronavirus in the UNITED states.

There are a total of 6400 confirmed smittetilfælde in the country, where there is believed to be a large mørketal due to get the test.

Updated: 18.03.2020 01:00
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