US unemployment could reach 20% in worst-case scenario

More than 82 million U.S. workers are paid by the hour and unemployment insurance claims have risen tenfold in New York state and sevenfold in Ohio since last week.
1:12 | 03/19/20

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Transcript for US unemployment could reach 20% in worst-case scenario
As businesses across the country shut down at least for now many Americans are already losing jobs and wages so let's take a look. By the numbers before the corona virus hit US unemployment was three and a half percent. The Treasury Secretary is now warned senators that without a rescue package. US unemployment could reach 20% but he says quote we are not gonna let that happen more than 82 million US workers are paid by the hour. And may be losing wages right now. Who wants to see international and unemployment date on the corona virus impact. State figures tell a grim story in New York State calls for unemployment insurance claims have risen tenfold since last week. In Ohio unemployment claims were seven times what they were a week ago. Trump administration wants to ease the financial pain by giving Americans a thousand dollars in direct cash part of a trillion dollar proposed stimulus package. And we still have a lot more to get into tonight Italy's king Carol the surge in deaths and the message to America. From the Americans who have recovered from Cody nineteen and someone from our own teens. Just now getting over the symptoms the first here's some of the trending stories on abcnews.com.

This transcript has been automatically generated and may not be 100% accurate.

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