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US Lost 20.5 Million Jobs in April, Unemployment at 14.7%

May 8, 2020

FILE – In this May 7, 2020, file photo, a pedestrian walks by The Framing Gallery, closed due to the COVID-19 pandemic, in Grosse Pointe, Mich. The U.S. 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. (AP Photo/Paul Sancya, File)

The US lost 20.5 million jobs in April, unemployment rose to 14.7%. Economic impact is being felt in all sectors including hourly-wage, corporations, and luxury brands.

April Ryan speaks with Matt Schlapp, CPAC Chair and personal friend of President Trump, on the unfair economic impact of COVID-19 felt by corporations as opposed to small businesses.

April also speaks with Atlanta Mayor Keisha Lance-Bottoms who shares thoughts on whether Donald Trump is fit for the office of President, the White House’s mismanagement of the pandemic, and reminds voters to remember the impact being felt now when going to the polls in November.

Click ▶️ to listen to AURN Washington Bureau Chief April Ryan’s White House Report:

Original article source: http://aurn.com/us-lost-20-5-million-jobs-in-april-unemployment-at-14-7/ | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council

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