Article 5374M Jobs report shows 20.5 million lost jobs in April and unemployment surged to 14.7%

Jobs report shows 20.5 million lost jobs in April and unemployment surged to 14.7%

by
Xeni Jardin
from on (#5374M)

New jobs report from U.S. released on Friday:

JOBS LOST IN APRIL: 20.5 million

UNEMPLOYMENT RATE: 14.7%

This is the worst U.S. jobs report since the World War II era.

The U.S. Labor Department delivered a historically bad employment report at 8:30AM on Friday, which shows that 20.5 million people lost their jobs last month as the jobless rate spiked to the highest level in America since the Great Depression.

Over 3 million Americans reportedly applied for unemployment last week, indicating an unprecedented wave of job losses.

The president was very busy this morning just before the figures were released, but not dealing with unemployment or the coronavirus pandemic that has now killed 70,000 Americans. He was busy nursing his grievances with Fox and Friends.

Here's what impeached President Donald Trump was doing minutes before the jobs report was released on Friday Morning.

More than ten minutes into President Trump's interview on Fox & Friends and there has not been a single word yet on the still raging coronavirus pandemic that has killed more than 70,000 Americans

- Jonathan Lemire (@JonLemire) May 8, 2020

Wow. Moments before govt releases what is expected to be the worst jobs report in history @realDonaldTrump has called in to @foxandfriends to air grievances about federal investigations into his 2016 campaign. Ten mins in and no mention of #Covid_19 pandemic or unemployment.

- Paula Reid (@PaulaReidCBS) May 8, 2020

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