{"id":73694,"date":"2020-04-10T01:44:00","date_gmt":"2020-04-10T05:44:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=73694"},"modified":"2020-04-10T01:49:34","modified_gmt":"2020-04-10T05:49:34","slug":"jpmorgan-now-sees-economy-contracting-by-40-in-second-quarter-and-unemployment-reaching-20","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2020\/jpmorgan-now-sees-economy-contracting-by-40-in-second-quarter-and-unemployment-reaching-20.html","title":{"rendered":"JPMorgan now sees economy contracting by 40% in second quarter, and unemployment reaching 20%"},"content":{"rendered":"<p>(CNBC) JPMorgan economists cut their second-quarter forecast even more, now expecting the economy will decline by 40%. The economists said the 16.8 million jobless claims filed in the last three weeks indicate a huge surge in job losses, which they estimate at 25 million in April. <\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/04\/09\/jpmorgan-now-sees-economy-contracting-by-40percent-and-unemployment-reaching-20percent.html\">To read this article:   <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) JPMorgan economists cut their second-quarter forecast even more, now expecting the economy will decline by 40%. The economists said the 16.8 million jobless claims filed in the last three weeks indicate a huge surge in job losses, which they [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-73694","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/73694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=73694"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/73694\/revisions"}],"predecessor-version":[{"id":73695,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/73694\/revisions\/73695"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=73694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=73694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=73694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}