A stunning Google search chart has underlined the grim collapse of the United States economy, showing searches for 'file for unemployment' spiking dramatically in recent days. Goldman Sachs now predicts the United States economy will shrink a staggering 34 percent in the second quarter, more than three times the biggest plunge in history. Economists at Goldman Sachs had warned then that U.S. gross domestic product will plummet by 24 percent in a post earlier this month. Revising their figures they said Tuesday they now expect the U.S. economy to shrink 34 percent in the second quarter, but they expect growth to rebound in the third quarter. The United States has the highest number in the world, more than 180,000.
Source: Daily Mail March 31, 2020 17:11 UTC