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Coronavirus Unemployment Hits 14.7 Percent, Highest Since Great Depression

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Gladiatrix
(@gladiatrix)
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Who thinks this is sustainable?

"U.S. unemployment hit 14.7 percent in April amid the coronavirus pandemic, the highest unemployment rate since the Great Depression.

The Bureau of Labor Statistics (BLS) reported Friday that the country lost 20.5 million jobs in April, “with particularly heavy job losses in leisure and hospitality.” The 10.3-point increase the unemployment rate from March to April is the largest ever recorded, and marks the first time in over a decade that unemployment has hit double digits. The previous worst jobless rate since the Great Depression, when unemployment hit 25 percent, was 10.8 percent in 1982."

https://www.nationalreview.com/news/coronavirus-unemployment-hits-14-7-percent-highest-since-great-depression/?utm_source=email&utm_medium=breaking&utm_campaign=newstrack&utm_term=20257574


Political correctness is oppression disguised as good manners.

 
Posted : 08/05/2020 6:46 am
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