Economy Loses 20.5 Million Jobs in April; Unemployment Jumps to 14.7%
The U.S. economy lost 20.5 million jobs in April, taking payroll employment back to levels last seen in spring 2011 when the economy was recovering from the Great Recession, and the unemployment rate jumped by a historic amount to 14.7%, according to figures released Friday by the U.S. Bureau of Labor Statistics. The unemployment rate for white …
Economy Loses 20.5 Million Jobs in April; Unemployment Jumps to 14.7% Read More »