Trump will probably have to deal with a 10%-plus unemployment rate come November's election

Summary: The U.S. labor market will probably be in a more positive place come election season this fall than the one being battered by the COVID-19 pandemic this spring. But most Wall Street pros Yahoo Finance has spoken with think that even if the U.S. economy is back to creating jobs later this year as businesses reopen, the unemployment rate will remain above 10%. Legions of people will have to be retrained to support the jobs of today, which is one factor in the unemployment rate likely staying elevated.