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U.S. jobless rate triples to 14.7% in sharpest labor downturn

U.S. jobless rate triples to 14.7% in sharpest labor downturn

May 08, 2020

In the harshest downturn for American workers in U.S. history, employers cut an unprecedented 20.5 million jobs in April and the unemployment rate more than tripled to 14.7%.

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