Tag Archives: Great Depression

The US unemployment rate has risen to 14.7%, with 20.5 million jobs lost in April, as the coronavirus pandemic devastated the economy. The rise means the jobless rate is now worse than at any time since the Great Depression of the 1930s. Since the pandemic began, the US has suffered …

Another 3.2 million people have filed for unemployment benefits in the US as the coronavirus pandemic triggered one of the most expansive job losses in history, with 33 million people seeking aid since the outbreak began. The country has slipped into one of its worst economic downturns since the Great …