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United States Economy

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GET READY FOR ANOTHER GREAT DEPRESSION AS U.S. JOBLESS RATE GOES UP TO 14.7%

Published On 09 May 2020 07:16 AM


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Highlights

• Nearly 20.5 million people lost their jobs in the month of April

• Over 33 million Americans have filed for first-time unemployment benefits in last seven weeks

• The U.S. government has announced COVID-19 relief package worth $3.1 trillion

As the coronavirus pandemic has devastated the world’s biggest economy, unemployment rate in the United States of America has surged....


Tags : US jobless rate, US unemployment, coronavirus, US unemployment benefits, job cuts in US, Great Depression,
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