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US economy loses a record 20.5 million jobs in April

2020-05-09 10:14:08       source:The Aljazeera

May 8, 2020


We have never seen anything like this before.


The depth and breadth of the damage inflicted on the United States economy by coronavirus lockdown measures came into sharp, painful focus on Friday with government figures showing a record 20.5 million Americans lost their jobs in April. 


Data from the US Bureau of Labor Statistics (BLS) also showed the unemployment rate skyrocketed to 14.7 percent  last month - the highest since the Great Depression.


Behind all of these numbers are real people whose livelihoods have been brutally and tragically disrupted by the pandemic. 


Read more:

https://www.aljazeera.com/ajimpact/economy-loses-record-205-million-jobs-april-200508115155247.html