Morgan Stanley's chief economist sees nearly 17 million jobs lost in the second quarter — with the unemployment rate climbing to nearly 13%

· *Morgan Stanley's chief economist is projecting the loss of nearly 17 million jobs in the second quarter as the coronavirus triggers a major economic slowdown.*
· *Morgan Stanley's Ellen Zentner also expects the unemployment rate is projected to jump to 12.8% in the quarter, a Morgan Stanley analyst told clients in a...