August 4, 2020

Unemployment in the United States climbed in April from 4.4% to 14.7% due to the impact of Covid-19




Unemployment in the United States has soared in April 10.3 percentage points, until reaching a rate of 14.7%, as a direct consequence of the wave of layoffs caused by the extension of the Covid-19, the Labor Department reported on Friday.

Specifically, unemployment has happened in the country from 4.4% registered in March to 14.7% in the following month, the largest increase in this indicator to date. However, this is a percentage that is below what many analysts feared that this rate would reach a historic 16%.


Source link