'My guess right now is that it's going to be north of 16 percent, maybe as high as 19 or 20 percent,' Kevin Hassett said.
The economist had previously projected in an interview with CNN that unemployment would rise to 20 percent by June. But he explained that he had revised his projection based on new data.
Economists polled by Reuters projected that unemployment would be around 16 percent in the April jobs report. However, Reuters also reported that economists from the Federal Reserve Bank of Chicago have predicted the true jobless rate could be between 25.1 and 34.6 percent.
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