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<div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/3.27.20b.wav' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='Millions Unemployed as Central Bank Warns US in 'Recession' in the face of COVID-19' data-article-id='4577'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='10646'> More than 3 million jobless Americans asked the United States government for financial assistance last week.</span> <span data-start-time='10646' data-end-time='19396'>That is a record number for one week, the U.S. Labor Department reported Thursday.</span> <span data-start-time='19396' data-end-time='27500'> The old record had been 695,000 from 1982.</span> <span data-start-time='27500' data-end-time='38979'>This is the beginning of the really bad numbers we are going to see for the next few months, said Subadra Rajappa.</span> <span data-start-time='38979' data-end-time='47458'> She is head of U.S. Rates Strategy at Societe Generale in New York City.</span> <span data-start-time='47458' data-end-time='65729'>Also on Thursday, the chairman of the Federal Reserve, Jerome Powell, told NBC television that the U.S. may already be in recession, as many companies have suspended operations. </span> <span data-start-time='65729' data-end-time='78688'>Schools, movie theaters and other businesses have closed as Americans turn to social distancing to slow the growth of coronavirus.</span> <span data-start-time='78688' data-end-time='91333'>The central bank chair added that progress in controlling the spread of the coronavirus will decide when the economy can fully reopen.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/4041/3.27.20b.jpg'/></div></div><div id='question-content' style='display:none;'><div class='multiple_choice_question question-container' data-question-id=14667 data-hint-location='47458' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/what_us_government_entity_was_featured_in_this_article.wav'>What US government entity was featured in this article?</div><div class='choices' data-correct-choice='U.S. Labor Department'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/us__labor__department.wav'><span>U.S. Labor Department</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/the_senate.wav'><span>The Senate</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/the_us_cabinet.wav'><span>The US Cabinet</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/the_us_surgeon_general.wav'><span>The US Surgeon General</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=14668 data-hint-location='38979' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/the_focus_of_this_article_was_on__blank_.wav'>The focus of this article was on <span class='blank'>The prospect of recession in the face of COVID-19</span></div><div class='choices' data-correct-choice='The prospect of recession in the face of COVID-19'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/the_prospect_of_a_stock_market_increase_in_the_face_of_coronavirus.wav'><span>The prospect of a stock market increase in the face of coronavirus</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/the_difficulty_in_coming_up_with_a_covid19_vaccine.wav'><span>The difficulty in coming up with a COVID-19 vaccine</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/the_prospect_of_recession_in_the_face_of_covid19.wav'><span>The prospect of recession in the face of COVID-19</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4041/the_closing_of_schools_with_the_current_health_outbreak.wav'><span>The closing of schools with the current health outbreak</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
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