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A sign in the window at a McDonald's restaurant states no dine-in seating Thursday, May 7, 2020, in Oklahoma City, where three McDonald's employees suffered gunshot wounds when a customer opened fire because she was angry that the restaurant's dining area was closed because of the coronavirus pandemic, on Wednesday. (AP Photo/Sue Ogrocki)

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Jobless rate spikes to 14.7%, highest since Great Depression
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