US unemployment rate jumps to 14.7%, highest rate since The Great Depression

Empty Subway Station during the NYC Covid-19 Quarantine. Credit: Alec Favale (Creative Commons Attribution ShareAlike 4.0)

The U.S. Bureau of Labor Statistics reported the unemployment rate reached 14.7% after more 20.5 million workers lost their jobs in April. This rate is the highest since The Great Depression.

Before the Covid-19 pandemic, in February, the unemployment rate was at 3.5%

Sources: Content Sources

Source: Forbes

Source: CNBC

Source: Original Report

Image Source

Alec Favale (Creative Commons Attribution ShareAlike 4.0)

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Érico Andrei

@ericof

Co-founder of Pendect, passionate about open source and knowledge sharing. Made in Mooca.

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United States

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