U.S. unemployment rate will get worse, Treasury's Mnuchin says

The staggering U.S. unemployment rate reported by the government on Friday amid coronavirus lockdowns may get even worse, Treasury Secretary Steven Mnuchin said on Sunday. "The reported numbers are probably going to get worse before they get better," Mnuchin told the Fox News Sunday program. The unemployment rate surged to 14.7% in April, the Department of Labor reported.

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