INDUSTRIES LIKE LEISURE AND HOSPITALITY INCURRING LOSSES DUE TO COVID-19: JEROME POWELL

Highlights

• According to an survey conducted by economists on Friday, the unemployment rate is expected to go up by 6.4 percent, with a tally of nearly 180,000 new jobs

• In the eyes of policy makers which include Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen, the labour market is still a point of weakness for the US economy

While the COVID-19 death toll goes past 500,000 in th....