Quick Resources
Web: The May unemployment rate is expected to be near 20% as ...
The unemployment rate is expected to have hit nearly 20%, with 20.5 million jobs lost in April and
www.cnbc.com
Filter Results
  • Video
  • Q&A
  • Shopping
  • Local
  • Web Search
  • Images
pixel

Web

The unemployment rate is expected to have hit nearly 20%, with 20.5 million jobs lost in April and millions more expected in May data, which will be released at 8:30 a.m. ET Friday.
The unemployment rate had fallen to a 50-year low of 3.5% early this year before COVID-19 spread to the U.S. Some 23.1 million people were officially classified as unemployed in April, a number ...
“[Last] week’s jobless claims data contains more good news than bad. Continuing claims for the week ending May 16 fell by 3.9 million, to 21.052 million, leading to a drop in the insured unemployment rate to 14.5 percent, from 17.1 percent previously,” Barclays said in a note to clients on May 29.

Videos

  • Unemployment rate hits 13 per cent in Canada, higher in U.S.
    Unemployment rate hits 13 per cent in Canada, higher in U.S.
  • Coronavirus: Unemployment rates to skyrocket | Nine News Australia
    Coronavirus: Unemployment rates to skyrocket | Nine News Australia
  • U.S. unemployment rate jumps to 14.7%, worst since Great Depression
    U.S. unemployment rate jumps to 14.7%, worst since Great Depression
  • Job Growth Stalls Despite New Low Unemployment Rate | NBC News Now
    Job Growth Stalls Despite New Low Unemployment Rate | NBC News Now
  • US economy loses 20.5 million jobs in April, raising unemployment rate to 14.7%
    US economy loses 20.5 million jobs in April, raising unemployment rate to 14.7%
  • Unemployment rate to hit 16.4% in May: Economist
    Unemployment rate to hit 16.4% in May: Economist

Web

After going through a number of assumptions and calculations it says, “The Employment Situation news release yields a similar 4.8 percentage point increase in the unemployment rate for April ...
The worst could be over for the United States economy in about a month, according to a top adviser to President Trump. But the worst is going to be ugly.
Jobs data shows millions went back to work but unemployment rate is still expected to be 20%. ... Global Business and Financial News, Stock Quotes, and Market Data and Analysis.
Ohio Unemployment Rate Hits 16.8%, Highest in 44 Years Ohio's unemployment rate has hit 16.8%, the highest since the state's current record keeping system was developed almost 50 years ago.
To give you some perspective, April's unemployment rate is the highest since the Great Depression. In 1933, the unemployment rate reached a record of 24.9%.   Unemployment remained above 14% for nine years, from 1931 to 1940. April's unemployment rate reached that level in just a month.