April 2020 Jobs Report- Employment & Unemployment

April 2020 Jobs Report – Employment & Unemployment

The United States unemployment rate jumped to 4.4 percent in March 2020, the highest since
August 2017 and well above market expectations of 3.8 percent (pre coronavirus forecast), as
the COVID-19 crisis threw millions out of work. Overall, nonfarm payroll employment declined
by 701,000 jobs.

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