The U.S. unemployment rate hit 14.7% in April, a level last seen during the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record — stark evidence of how the coronavirus has brought the economy to its knees.
Washington: U.S. employers extended a healthy streak of hiring in February by adding 295,000 jobs, the 12th straight monthly gain above 200,000.The Labor Department says the unemployment rate fell to 5.5 percent from 5.7 percent.
Washington , Dec 10 : President Barack Obama said the U.S. unemployment rate could fall to 8 percent before he faces re-election next November.The unemployment rate, currently at 8.6 percent, has not been at or
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