U.S. unemployment rate soars to 14.7 percent, the worst since the Depression era

[jacksonsprat22]

The U.S. unemployment rate jumped to 14.7 percent in April, the highest level since the Great Depression, as most businesses shut down or severely curtailed operations to try and limit the spread of the deadly coronavirus.

https://www.washingtonpost.com/business/2020/05/08/april-2020-jobs-report/

 

[Billy the Great Khan]

It'll be worse than the Depression soon enough. Nobody living today will see the standard of living we had 3 months ago.

 

[jacksonsprat22]

It'll be worse than the Depression soon enough. Nobody living today will see the standard of living we had 3 months ago.

Have to agree. We still have not seen the consequence of the virus.