In April, the unemployment rate increased by 10.3 percentage points to 14.7 percent. This is the highest rate and the largest over-the-month increase in the history of the series (seasonally adjusted data are available back to January 1948).
The number of unemployed persons rose by 15.9 million to 23.1 million in April. The sharp increases in these measures reflect the effects of the coronavirus pandemic and efforts to contain it.
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.
The labor force participation rate decreased by 2.5 percentage points over the month to 60.2 percent, the lowest rate since January 1973 (when it was 60.0 percent).
ILKHA