The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. The losses reflect what has become a severe recession caused by sudden business shutdowns in nearly every industry. Almost all the job growth achieved during the 11-year recovery from the Great Recession has now been lost in one month.
Posted
and last updated
Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
,
Weather
Monday
06/30/2025
Clear
-° / 72°
0%
Tuesday
07/01/2025
Clear
102° / 71°
0%
Wednesday
07/02/2025
Clear
101° / 72°
0%
Thursday
07/03/2025
Clear
101° / 69°
0%
Friday
07/04/2025
Clear
96° / 67°
0%
Saturday
07/05/2025
Clear
96° / 68°
0%
Sunday
07/06/2025
Clear
99° / 70°
0%
Monday
07/07/2025
Clear
101° / 71°
0%