Breaking News Update: U.S. Loses 20.5 Million Jobs; Unemployment Hits 14.7%

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Breaking News Update: U.S. Loses 20.5 Million Jobs; Unemployment Hits 14.7%

Up First

The Labor Department delivered a historically bad employment report Friday, showing 20.5 million jobs lost last month as the nation locked down against the coronavirus. The jobless rate soared to 14.7% — the highest level since the Great Depression.
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The Labor Department delivered a historically bad employment report Friday, showing 20.5 million jobs lost last month as the nation locked down against the coronavirus. The jobless rate soared to 14.7% — the highest level since the Great Depression.
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