Goldman sees 15% jobless rate and 34% GDP decline, followed by the fastest recovery in history

• Goldman Sachs has revised its coronavirus projections, seeing an even bigger impact on GDP and employment.
• The firm sees the jobless rate topping out at 15% and GDP sagging by a record 34% in the second quarter.
• That will be followed, though, by a 19% rebound in the third quarter that would be the highest on record, Goldman said.

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