And it was 3.5 before China sent the world the virus! Open up and it goes back down. Only reason people were laid off is their employers closed or massively cut back. They will open and call their people back.
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Could? It will at the least. The only challenging assertion would be could it reach 30% and what is hidden underemployment from wage cuts?
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The tide will turn though. We are already seeing better signs....https://twitter.com/ScottGottliebMD/status/1259442124925415424 …
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3rd and 4th qaurters is when the second wave will hit which will be worse than the first wave...what is he talking about?
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