The unemployment rate in the U.S. rose to 14.7%: 20.5 million Americans were without work in April
Because of the pandemic, the US lost a record 20.5 million jobs in April. According to official data, this is the worst economic crisis since the great depression. Mass layoffs have raised the unemployment rate to 14.7%, the highest figure registered since the Bureau of labor statistics began tracking it in 1940-ies. Until April, the US economy, the unemployment rate was about 4.4%. Weekly unemployment figures from the labor Department…