Coronavirus Job Losses: Mnuchin Warns Of Great Depression-Level Unemployment
March 18, 2020
Update: 12:05 p.m.
An NPR/Marist poll released Wednesday indicates 18% of Americans already have lost their jobs or are working reduced hours as a result of the virus.
Original story
Treasury Secretary Steven Mnuchin is warning U.S. unemployment could soar from a low 3.5% to 20% as the coronavirus pandemic forces businesses to close, wiping out an estimated 1 million to 3 million jobs.