Trump Sees Unemployment Rate Worse Than 10% Until September

A person stands at Brooklyn Bridge Park in the Brooklyn Borough of New York.

Photographer: Stephanie Keith/Bloomberg
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President Donald Trump said he doesn’t see the U.S. unemployment dropping below 10% by September, two months before Election Day.

Trump said in an interview with Fox Business that the economy, which has been crippled by fallout from the coronavirus, “will transition” in the third quarter and that the U.S. is “going to be strong again” next year.