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Carl Bonham, director of the Economic Research Organization at the University of Hawaii, made the dire economic prediction in a legislative meeting on the coronavirus pandemic Monday. He said that Hawaii is already experiencing a deep recession and by the second quarter of the year, unemployment could exceed 20 to 25%. “This is worse than they ever expected,” said Bonham, adding that the economic pain of the pandemic will outlive the threat from the virus. “Even if it (the health crisis) passes quickly, it’s going to take an extended period of time for the recovery to previous economic levels. The really disturbing thing about this is that no one can say with any certain how long the recovery will take.” Location: Waikiki / April 1, 2020 (Source: Jonathan Jared Saupe / Digital Content Creator / Hawaii News Now)

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