In this May 6, 2020 photo, a chain lock is shown on the entry doors to Zane + Wylie's Seattle Steakhouse restaurant in downtown Seattle. The U.S. government is poised to report the worst set of job numbers since record-keeping began in 1948, a stunning snapshot of the toll the coronavirus has taken on a now-shattered economy. (AP Photo/Ted S. Warren)
May 8, 2020
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May 8, 2020 12:02 p.m.
Jobless rate spikes to 14.7%, highest since Great Depression
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