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Transcripts For KTVU KTVU FOX 2 News At Noon 20240713

14. 7 Unemployment Rate for the month of april is the highest since the great depression. A confederate, the unappointed rate was at record lows. Three and have presented the coronavirus pandemic, stayat home orders, and the shuttering of businesses in just about every industry changed all that. Is fully expected, no surprise. Everybody knows that. Somebody said look at this. Well, even the democrats arent blaming me for that. We can have a fantastic next year, we will have a record or almost record next year. We are going to have a transition in the third quarter. Reporter one of the president s top economic advisers was lust optimistic. It looks like about three quarters of the job loss was from temporary labs. That doesnt lessen the hardship, by the way. It does suggest things like the payroll protection program, and the Unemployment Insurance has had some cushioning effect. Reporter National Economic Council Director larry kudlow says there are no formal negotiations going on right

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