'It's devastating': The Fed's Neel Kashkari says that the actual unemployment rate could be as high as 24%

Business Insider

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· Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said that he thinks Friday's April jobs report will show a spike in the unemployment rate that will understate economic pain.
· "I think the real number is probably around 23% or 24%," Kashkari told Savannah Guthrie in a Thursday morning interview on the...

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