Grim statistics reveal coronavirus has decimated US economy

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APRIL saw 20.5 million job losses in the United States, the biggest rise in the jobless rate since the Great Depression.

on Friday: “130 million Americans have received Economic Impact Payments, worth more than $218 billion, in less than 5 weeks—record time.Eugene Scalia, the Labor Secretary, appeared on Fox News on Wednesday and insisted: “As the president said, we are in a war, a war that has drawn on Americans across the country in a way I don’t think we’ve seen since World War II.

 

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US unemployment surges to 14.7% as record 20m Americans lose jobs in AprilUnemployment rate rose from just 4.4% in March as the coronavirus pandemic shuttered the global economy UK can’t be much better now. Note that this number doesn't include long-term unemployed and discouraged workers Not unexpected though
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