White House adviser sees unemployment rate improving in June

White House adviser sees unemployment rate improving in June

White House economic adviser Kevin Hassett said Friday that he expects unemployment numbers to improve in June after 36 million people filed for unemployment since March. 

“I would expect that the turning point would be June,” Hassett told CNN Friday.

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Hassett said the unemployment rate is likely to fall as states begin to scale back social distancing measures and businesses reopen.

He said that though the country might see another increase in unemployment before it decreases, preliminary data shows things are “heading in the right direction.”

“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,” Hassett said. 

Hassett noted that although some economists are worried some of the jobs lost will be gone forever, the fact that the data so far has shown a positive trend makes him "optimistic."

“The thing I’m very optimistic about is we’re seeing the data turn way faster than I expected,” he said.

Hassett, who has previously said that a fourth stimulus bill may not be necessary, said Friday that a deal on the HEROES Act is coming “sooner rather than later.”