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Thursday, 7 May 2020

April jobs data to show epic losses, unemployment

The economic catastrophe caused by the viral outbreak likely sent the US unemployment rate in April to its highest level since the Great Depression and caused a record-shattering loss of jobs. The unemployment rate likely jumped to at least 16% — from just 4.4% in March — and employers cut a stunning 21 million or more jobs in April.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2L9zrXk

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