US unemployment marks record highest since Great Depression

US unemployment marks record highest since Great Depression

Unemployment rates in the United States have risen to 14.7 percent as the coronary pandemic continues to damage the economy. In April alone, 20.5 million people have registered as unemployed to authorities. This is the largest unemployment rate since the Great Depression period in the 1930 ' s. Since when [...]

Unemployment rates in the United States have risen to 14.7 percent as the coronary pandemic continues to damage the economy.

In April alone, 20.5 million people have registered as unemployed to authorities.

This is the largest unemployment rate since the Great Depression period in the 1930 ' s.

Since the pandemic started, the United States has faced the weakest economic growth in decades and the lowest sales rate in history.

For just two months, the unemployment rate has been 3.5 percent, or the lowest rate for such short periods of time in 50 years.

The weekly data, released Thursday, has shown that 3.2 million Americans have sought benefits from the state last week, after they have remained unemployed.

That figure brings the total number of reported unemployment from mid - March to 33.3 million or 20 percent of the U.S. workforce.

The United States has been affected by the worst in the world by the Devid-19 disease, which causes the Coronobrus.

Over 1.2 million people have been infected until over 70,000 patients have died as a result of the virus.

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