GOLDMAN SACHS CEO: THE U.S. ECONOMY WILL BE AFFECTED BY HIGH UNEMPLOYMENT AND A SLOW COVID – 19 RECOVERY

Highlights

• A continuous surge in cases has forced several states to halt reopening plans
• The U.S. will observe very high unemployment for an extended period of time

On Wednesday, Goldman Sachs CEO David Solomon said that the U.S. economy will be hampered. It will be because of high unemployment and a slow recovery because of the COVID – 19 pandemic.

Solomon said du....