Fed Warns of Possible Long-Term Recession, 3 Million More File Jobless Claims

WASHINGTON – Federal Reserve Chair Jerome Powell says the United States may face a prolonged economic downturn, and new unemployment numbers out Thursday morning seem to reinforce his prediction. The latest stats reveal nearly 3 million more Americans filed for jobless aid –coronavirus-related layoffs now reaching 36 million.

from CBNNews.com https://ift.tt/2WvetZd

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