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What the Loss of 20.5M Jobs Looks Like
By
Erika Morphy
News May 10, 2020 at 05:00 PM
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WASHINGTON, DC—On Friday the body blow that the US economy had been expecting landed with a harsh thud. The Bureau of Labor Statistics reported the job losses experienced in April and the resulting unemployment rate. The headline numbers were 20.5 million nonfarm payroll jobs lost for the month and a 14.7% unemployment rate.
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