INSIDER
‘Great resignation’ reaches White House with staff turnover
Read full article: ‘Great resignation’ reaches White House with staff turnoverNot even the White House is immune from the economic trend that's been called the "great resignation” as employers struggle to fill vacancies and workers jump to new jobs at record rates.
Unemployment rate could be ‘north of 20%’ in May with possible double-digits in November, Hassett says
Read full article: Unemployment rate could be ‘north of 20%’ in May with possible double-digits in November, Hassett says"My expectation is that since there's still initial claims for unemployment insurance in May, that the unemployment rate will be higher in June than in May, but then after that it should start to trend down," Hassett said. Asked by Bash if "it's possible that unemployment will be in double digits in November," Hassett replied: "Yes, I do. A dismal unemployment rate could negatively impact Trump's reelection prospects, as he's made the strong employment numbers that have existed for most of his presidency a key talking point during rallies and interviews. The comments from Hassett come two days after he told CNN that he thinks the unemployment rate, which hit 14.7% in April, may rise to 22% to 23% by May and edge up a bit in June before heading lower. “This was the biggest negative shock ever, but we also had the biggest policy response ever,” Hassett said.