The US lost 20.5 million jobs in April, a historic unemployment rate
The Labor Department's monthly employment report also showed the unemployment rate surging to 14.7% last month, shattering the post-World War II record of 10.8% touched in November 1982.
FILE PHOTO: People who lost their jobs wait in line to file for unemployment benefits, following an outbreak of the coronavirus disease (COVID-19), at Arkansas Workforce Center in Fort Smith, Arkansas, U.S. April 6, 2020(photo credit: REUTERS/NICK OXFORD/FILE PHOTO)ByREUTERS
