Saturday, April 20, 2024
38.0°F
A face mask covers the nose and mouth of a sculpture entitled "Cowboy's Day Off" along Washington Avenue Thursday, May 7, 2020, in Golden, Colo. 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/David Zalubowski)

Stories this photo appears in:

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