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CORONAVIRUS: US Faces Worst Job Losses In History


The United States of America's unemployment rate has just of recent risen to 14.7%, with 20.5 million effect of jobs lost in April, as the novel coronavirus pandemic is slamming the economy.

This rise is to assertain the jobless rate which is currently worse than at any time since the Great Depression of the 1930s.

Ever since the painful pandemic emerged, the United  States of America has really suffered its worst growth numbers in a decade and the worst retail sales report on record.

It could be noted that as if two months ago, the unemployment rate was at 3.5%, a 50-year low.

Now, United States is currently the home to the world’s largest and deadliest COVID 19 outbreak, with more than 75,000 fatalities and 1.2 million cases reported as of Thursday, according to Johns Hopkins University.

The report from the Labor Department have showed declines in every sector of the economy.

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