{"id":25215,"date":"2020-05-24T10:15:00","date_gmt":"2020-05-24T17:15:00","guid":{"rendered":"https:\/\/lapost.us\/?p=25215"},"modified":"2020-05-24T10:15:00","modified_gmt":"2020-05-24T17:15:00","slug":"unemployment-rate-might-be-double-digits-in-november","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=25215","title":{"rendered":"Unemployment rate might be &#8216;double digits&#8217; in November"},"content":{"rendered":"<p>Unemployment\u00a0rates sparked by the coronavirus pandemic could remain in the double digits through the presidential election in November, White House economic adviser\u00a0<a class=\"rollover-people-link\" href=\"https:\/\/thehill.com\/person\/kevin-hassett\">Kevin Hassett<\/a>\u00a0said on Sunday.<\/p>\n<p>Hassett said on CNN\u2019s \u201cState of the Union\u201d that he expects the unemployment rate will rise to \u201cnorth of 20 percent in May,\u201d adding that it may not drop back to single digits by the fall.<\/p>\n<p>Asked if he thinks unemployment could be in double digits in November, Hassett said \u201cyes, I do.\u201d<\/p>\n<p>\u201cUnemployment will be something that moves back slower,\u201d he added.<\/p>\n<p>Hassett said it&#8217;s possible the unemployment rate\u00a0will be in single digits in November, but unlikely.<\/p>\n<p>He said he would be \u201cmore optimistic,\u201d however, if a coronavirus vaccine is available in July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unemployment\u00a0rates sparked by the coronavirus pandemic&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,7],"tags":[],"class_list":["post-25215","post","type-post","status-publish","format-standard","hentry","category-business","category-u-s-a"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/25215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25215"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/25215\/revisions"}],"predecessor-version":[{"id":25216,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/25215\/revisions\/25216"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}