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White House's Hassett expects June turning point in U.S. employment: CNN

Kitco News

WASHINGTON (Reuters) - White House Adviser Kevin Hassett said on Friday he expects that May will mark another dismal month for U.S. employment, but June could mark a turning point for the massive joblessness caused by the coronavirus pandemic.

“We’ll see a very bad number for May and then I think that in June it will start to head in the right direction,” he told CNN, adding that he believes a fourth stimulus bill meant to stanch coronavirus-induced economic pain is coming “sooner rather than later.”

Reporting by Lisa Lambert; Editing by Chizu Nomiyama

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