U.S. jobless rate spikes to 14.7%, highest since Great Depression

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THE U.S. JOBLESS rate increased to 14.7% in April. / AP FILE PHOTO/PAUL SANCYA
THE U.S. JOBLESS rate increased to 14.7% in April. / AP FILE PHOTO/PAUL SANCYA
WASHINGTON (AP) – The United States unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. The losses reflect what has become a severe…

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