Lessons from East Asia
from Notes on the Week Ahead Hosted by J.P. Morgan Asset & Wealth Management
On Friday, the Bureau of Labor Statistics will release the Unemployment Rate for April, which will undoubtedly be the single ugliest economic statistic of my lifetime. We estimate that, based mainly on continuing unemployment claims, the number will come in at 15.5%. We also estimate that roughly 19 million Payroll Jobs were lost in the month.
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This episode was published on May 5, 2020.
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