08-05-2020 14:21 via chron.com

A devastating jobs report for April will show virus's impact

WASHINGTON (AP) — The U.S. government on Friday is poised to report the worst set of jobs numbers since record-keeping began in 1948, a snapshot of the devastating damage the coronavirus outbreak has inflicted on the economy.
The unemployment rate for April could reach 16% or more, according to economists surveyed by the data provider FactSet. Twenty-one million jobs may have been lost. If so, it would mean that nearly all the job growth in the 11 years since the Great Recession ended had
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