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Us Unemployment Hits Postwar High Of 14.7%

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US unemployment hits postwar high at 14.7%. About half of all Americans receive their insurance through their jobs, with the average family paying more than $20,000 for

Total nonfarm payroll employment increased by 177,000 in April, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment

Chart: U.S. Unemployment Rate Hits Post-Recession Low | Statista

14.7% Unemployment; 20.5 Million Jobs Wiped Away

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

The last time unemployment was this high was at the tail end of the Depression, before the U.S. entered World War II. Unemployment peaked at 25% during the decade-long

The report also shows that the nation’s unemployment rate soared to highs not seen since the World War II era, climbing from 4.4% to 14.7%. Given recent unemployment filings,

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The rate is the highest since World War II.

The U.S. economy lost a staggering 20.5 million jobs in April, pushing the unemployment rate to 14.7% according to data released Friday by the U.S. Bureau of Labor

The rate is the highest since World War II.

US unemployment hits postwar high at 14.7%

Washington — 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 rate is the highest since World War II.

The U.S. unemployment rate climbed from 4.4% in March to a staggering 14.7% in April—the highest since 1940. The jobs report released by the U.S. Bureau of Labor Statistics

Both numbers easily smashed post-World War II era records and help reflect the profound damage done through efforts used to combat the virus.

The unemployment rate has steadily fallen again since the historic high. It dipped to 13.3% in May, 11.1% in June and 10.2% in July. Those months accounted for four of the 15

Updated at 11:43 a.m. ET. The Labor Department delivered a historically bad employment report Friday, showing 20.5 million jobs lost last month as the nation locked down

The U.S. economy lost a staggering 20.5 million jobs in April, pushing the unemployment rate to 14.7% according to data released Friday by the U.S. Bureau of Labor

US unemployment sees surprise improvement in May

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U.S. Unemployment Rate Hits 14.7% — the Highest Level Since the Great Depression Employment fell by 20.5 million as the coronavirus shut down the economy and

WASHINGTON (AP) — 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

Unemployment hits 14% with 20M jobs lost – highest since Great ...

US unemployment has surged to 14.7 per cent, its highest level since the second world war, after 20.5m Americans lost their jobs last month following lockdowns that choked off the world’s

The rate is the highest since World War II. Editor’s note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this

Millions of Americans risk losing health insurance as the jobless rate rises to a postwar high, adding pressure on the White House to cover the healthcare of laid-off workers.

US unemployment hits postwar high of 14.7%

Editor’s note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every day on our website (and in our daily

US unemployment reaches postwar high at 14.7% with 20m people losing their jobs | Financial News

The chart has 1 Y axis displaying Percent. Data ranges from 3.4 to 14.8.

Editor’s note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every day on our website (and in our daily

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US unemployment has surged to 14.7 per cent, its highest level since the second world war, as the coronavirus pandemic led 20.5m

WASHINGTON: 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 United States unemployment rate rose to 14.7 percent in April, the highest rate and largest increase ever seen in a month since the country started keeping track in 1948, the U.S.