U.S. economy faces historic shock, with 16% joblessness possible, Trump adviser says

WASHINGTON (Reuters) - The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic proportions that will likely push the national unemployment rate to 16% or higher this month and require more stimulus to ensure a strong rebound, a White House economic adviser said on Sunday."It's a really grave situation," President Donald Trump's adviser, Kevin Hassett, told the ABC program "This Week.""This is the biggest negative shock that our economy, I think, has ever seen...