A record 20.5 million jobs were lost in April as unemployment rate jumps to 14.7%
Nonfarm payrolls fell by 20.5 million in April and the unemployment rate rose to 14.7%, both post-World War II records.
Economists had been expecting a loss of 21.5 million jobs and the unemployment rate to surge to 16%.
The “real” unemployment rate, which includes workers not looking for jobs and the underemployed, surged to 22.8%.
https://www.cnbc.com/2020/05/08/jobs-report-april-2020.html
