White House economic adviser Kevin Hassett said Sunday the US unemployment rate is likely to hit 16% or higher in April.<br />President Donald Trump’s advisers want to hone a list of five or six ideas to present to Congress to assist in healing the economic bloodletting.<br /><br />In an interview with ABC, Hassett added, “really big thoughtful policies” will be needed to rebuild confidence.<br />I think the next couple of months are going to look terrible. You’re going to see numbers as bad as anything we’ve ever seen before. Kevin Hassett Trump Administration Economic Adviser<br />According to Reuters, a record 26.5 million Americans have filed for jobless benefits since mid-March.<br />Retail sales, homebuilding and consumer confidence have all cratered.
