-
The Employment Situation -- April 2020
Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) pandemic and efforts to contain it. Employment fell sharply in all major industry sectors, with particularly heavy job losses in leisure and hospitality. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, ... (full story)
-
A record 20.5 million jobs were lost in April as unemployment rate jumps to 14.7%
video The impact of the coronavirus-induced economic shutdown tore through the U.S. labor market in April at historic levels, slashing 20.5 million workers from nonfarm payrolls and sending the unemployment rate skyrocketing to 14.7%, the Labor Department reported Friday. Both numbers easily smashed post-World War II era records and help reflect the profound damage done through efforts used to combat the virus. Economists surveyed by Dow Jones had been expecting payrolls to shed 21.5 million and the unemployment rate to go to 16%. April’s unemployment rate topped the post-war record 10.8% but was short of the ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- May 8, 2020 8:31am May 8, 2020 8:31am
- hesron
- Joined Dec 2012 | Status: Member | 1909 Comments
- Comment #2
- Quote
- May 8, 2020 8:33am May 8, 2020 8:33am
- lakhan
- | Joined Jun 2013 | Status: Member | 61 Comments
- Comment #3
- Quote
- May 8, 2020 8:33am May 8, 2020 8:33am
- kuldeep4350
- | Joined Aug 2016 | Status: Member | 134 Comments
- Comment #4
- Quote
- May 8, 2020 8:33am May 8, 2020 8:33am
- penyuperwira
- Joined Aug 2017 | Status: Member | 20 Comments
- Comment #5
- Quote
- May 8, 2020 8:33am May 8, 2020 8:33am
- eqshack
- Joined Jul 2011 | Status: Lord Of War | 1002 Comments
- Comment #6
- Quote
- May 8, 2020 8:34am May 8, 2020 8:34am
- TraderTero
- Joined Apr 2017 | Status: Member | 1041 Comments
- Comment #7
- Quote
- May 8, 2020 8:34am May 8, 2020 8:34am
- Menelaus
- | Commercial Member | Joined Mar 2013 | 62 Comments
- Comment #8
- Quote
- May 8, 2020 8:35am May 8, 2020 8:35am
- fxx360
- | Joined Dec 2011 | Status: Member | 926 Comments
- Comment #9
- Quote
- May 8, 2020 8:35am May 8, 2020 8:35am
- rashadali
- Joined Jan 2016 | Status: Member | 698 Comments
- Comment #10
- Quote
- May 8, 2020 8:36am May 8, 2020 8:36am
- hesron
- Joined Dec 2012 | Status: Member | 1909 Comments
- Comment #11
- Quote
- May 8, 2020 8:36am May 8, 2020 8:36am
- Lamplighter
- | Joined Sep 2017 | Status: Member | 1006 Comments
- Comment #12
- Quote
- May 8, 2020 8:36am May 8, 2020 8:36am
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2511 Comments
- Comment #13
- Quote
- May 8, 2020 8:36am May 8, 2020 8:36am
- Blessed-man
- | Joined Apr 2016 | Status: Member | 444 Comments
- Comment #14
- Quote
- May 8, 2020 8:40am May 8, 2020 8:40am
- sadeghi
- | Joined Feb 2019 | Status: Member | 852 Comments
- Comment #15
- Quote
- May 8, 2020 8:40am May 8, 2020 8:40am
- dareking
- | Joined May 2012 | Status: Member | 34 Comments
- Comment #16
- Quote
- May 8, 2020 8:42am May 8, 2020 8:42am
- Mahrgell
- | Joined Apr 2020 | Status: Member | 13 Comments
- Comment #17
- Quote
- May 8, 2020 8:42am May 8, 2020 8:42am
- stockstalker
- | Joined Feb 2015 | Status: Member | 32 Comments
- Comment #18
- Quote
- May 8, 2020 8:43am May 8, 2020 8:43am
- kminler
- | Joined Mar 2013 | Status: Member | 101 Comments
- Comment #19
- Quote
- May 8, 2020 8:45am May 8, 2020 8:45am
- jegas
- Joined Oct 2011 | Status: Forex is an Unpredicatable Game.... | 1208 Comments
- Comment #20
- Quote
- May 8, 2020 8:48am May 8, 2020 8:48am
- jegas
- Joined Oct 2011 | Status: Forex is an Unpredicatable Game.... | 1208 Comments
- Comment #21
- Quote
- May 8, 2020 8:50am May 8, 2020 8:50am
- max2004
- | Joined Nov 2019 | Status: Member | 6 Comments
- Comment #22
- Quote
- May 8, 2020 8:56am May 8, 2020 8:56am
- Guest
- | IP XX.XXX.20.148
- Comment #23
- Quote
- May 8, 2020 8:59am May 8, 2020 8:59am
- JohnnyPip
- | Joined Jul 2011 | Status: Member | 4 Comments
- Comment #24
- Quote
- May 8, 2020 8:59am May 8, 2020 8:59am
- afevir
- Joined Feb 2019 | Status: Member | 1224 Comments
- Comment #25
- Quote
- May 8, 2020 8:59am May 8, 2020 8:59am
- ForeverNewb
- | Joined Aug 2016 | Status: Member | 276 Comments
- Comment #26
- Quote
- May 8, 2020 9:00am May 8, 2020 9:00am
- Maxthetrader
- | Joined May 2019 | Status: Member | 638 Comments
- Comment #27
- Quote
- May 8, 2020 9:02am May 8, 2020 9:02am
- Fix-it
- | Joined Oct 2019 | Status: Member | 119 Comments
- Comment #28
- Quote
- May 8, 2020 9:07am May 8, 2020 9:07am
- Maxthetrader
- | Joined May 2019 | Status: Member | 638 Comments
- Comment #29
- Quote
- May 8, 2020 9:08am May 8, 2020 9:08am
- Momofrmnyc
- | Joined May 2019 | Status: Rolling in the Pippppssss! | 822 Comments
- Comment #30
- Quote
- May 8, 2020 9:15am May 8, 2020 9:15am
- 4for4
- | Joined Apr 2017 | Status: 38737526 / 29052019 | 269 Comments
- Comment #31
- Quote
- May 8, 2020 9:20am May 8, 2020 9:20am
- Guest
- | IP XXX.XXX.47.34
- Comment #32
- Quote
- May 8, 2020 9:27am May 8, 2020 9:27am
- nbfx
- | Joined Oct 2010 | Status: Member | 1490 Comments
- Comment #33
- Quote
- May 8, 2020 9:29am May 8, 2020 9:29am
- ytong
- | Joined Mar 2015 | Status: Member | 59 Comments
- Comment #34
- Quote
- May 8, 2020 9:46am May 8, 2020 9:46am
- hesron
- Joined Dec 2012 | Status: Member | 1909 Comments
- Comment #35
- Quote
- May 8, 2020 9:48am May 8, 2020 9:48am
- Guest
- | IP XX.XX.30.180
- Comment #36
- Quote
- May 8, 2020 9:48am May 8, 2020 9:48am
- realdream333
- | Joined Jan 2013 | Status: Member | 30 Comments
- View Comment
- Hidden for breach of Trader Code of Conduct
- Maxthetrader
- Comment #38
- Quote
- May 8, 2020 10:23am May 8, 2020 10:23am
- Ibmc
- | Joined Mar 2012 | Status: Member | 3 Comments
- Comment #39
- Quote
- May 8, 2020 10:25am May 8, 2020 10:25am
- ytong
- | Joined Mar 2015 | Status: Member | 59 Comments
- Comment #40
- Quote
- May 8, 2020 11:05am May 8, 2020 11:05am
- RossEdwards
- Joined Jun 2019 | Status: Member | 3299 Comments
- Comment #41
- Quote
- May 8, 2020 12:33pm May 8, 2020 12:33pm
- TraderTero
- Joined Apr 2017 | Status: Member | 1041 Comments
- Comment #42
- Quote
- May 8, 2020 1:02pm May 8, 2020 1:02pm
- ytong
- | Joined Mar 2015 | Status: Member | 59 Comments
- Comment #43
- Quote
- May 8, 2020 1:07pm May 8, 2020 1:07pm
- Maxthetrader
- | Joined May 2019 | Status: Member | 638 Comments
- Comment #44
- Quote
- May 8, 2020 1:14pm May 8, 2020 1:14pm
- Maxthetrader
- | Joined May 2019 | Status: Member | 638 Comments
- Comment #45
- Quote
- May 8, 2020 2:20pm May 8, 2020 2:20pm
- TraderTero
- Joined Apr 2017 | Status: Member | 1041 Comments
- Comment #46
- Quote
- May 8, 2020 2:49pm May 8, 2020 2:49pm
- Menelaus
- | Commercial Member | Joined Mar 2013 | 62 Comments
- Comment #47
- Quote
- May 8, 2020 7:31pm May 8, 2020 7:31pm
- Optionality
- | Joined May 2019 | Status: Member | 37 Comments
- Comment #48
- Quote
- May 8, 2020 8:11pm May 8, 2020 8:11pm
- ForeverNewb
- | Joined Aug 2016 | Status: Member | 276 Comments
- View Comment
- Hidden for breach of Trader Code of Conduct
- Menelaus
- View Comment
- Hidden for breach of Trader Code of Conduct
- Menelaus