U.S. Unemployment Reaches Historic Highs - What Does It Mean For Recovery? | Forbes
May 8, 2020
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2:43Now PlayingU.S. Unemployment Reaches Historic Highs - What Does It Mean For Recovery? | Forbes
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as posted by the channelFriday the Labor Department announced that the unemployment rate for April reached 14.7%, a number not seen since The Great Depression. While each week since the coronavirus crisis took hold has brought new, devastating data revealing how more than 33 million workers have filed for unemployment as the pandemic forces business closures and layoffs on a catastrophic scale, Friday’s numbers paint a much fuller picture of the staggering toll the coronavirus has taken on the American labor market.
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