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Observations on the Historic April Unemployment Rate

COVID-19, Jobs Report
May 11, 2020 | Jennie Allison

According to the Bureau of Labor Statistics, April’s unemployment rate was the worst since the Great Depression. Last month, 20.5 million people lost their jobs with the unemployment rate increasing by 10.3 percentage points since March to 14.7 percent. This is the highest rate and the largest over-the-month increase in the history of the series […]

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