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May 8, 2020

Worst jobs report since the government started keeping track

The U.S. lost 20.5 million jobs in April. The unemployment rate is at 14.7%. Native American tribes are grappling with a surge of COVID-19 cases. Food banks at colleges and universities are seeing more and more students show up.

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The unemployment rate is up 10 percentage points, the highest rate and the largest jump since they started keeping track in 1948.
The unemployment rate is up 10 percentage points, the highest rate and the largest jump since they started keeping track in 1948.
Stephanie Keith/Getty Images

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The Team

Worst jobs report since the government started keeping track