Alva Review-Courier -

By Josh Boak 

10 takeaways from the worst jobs report in US history

 


BALTIMORE (AP) — Brutal. Horrific. Tragic.

Choose your description. The April jobs report showed, in harrowing detail, just how terribly the coronavirus outbreak has pummeled the U.S. economy. Most obviously, there's the 14.7% unemployment rate, the highest since the Great Depression. And the shedding of more than 20 million jobs, by far the worst one-month loss ever.

But Friday's jobs report from the government contains 42 pages about just how far the job market has tumbled, along with hints of what to watch for — eventually — in a possible recovery.

Here are 10 major takeaways from...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 08/01/2020 17:01