News COVID-19

US unemployment rate risen to 14.7%

 US unemployment rate risen to 14.7%
New York, the US financial capital, is also one of the US hotspots for the coronavirus

The US unemployment rate has risen to 14.7%, with 20.5 million jobs lost in April due to coronavirus.

The rise means the jobless rate in the US is now worse than at any time since the Great Depression of the 1930s.

Since the pandemic began, the US has suffered its worst growth numbers in a decade and the worst retail sales report on record.

Just two months ago, the unemployment rate was at 3.5%, a 50-year low.

[Source: BBC News]

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Scoreboard
Full Time
Everton 3–1 Conventry
Full Time
Leeds 1–0 Spurs
Full Time
Fulham 1–1 Newcastle
Full Time
New Zealand 34–10 Tonga
Full Time
Australia 44–12 Samoa
Full Time
New Zealand 32–0 Samoa women's national rugby league
Full Time
Naitasiri 27–32 Ra
Full Time
Fiji 17–54 France
Fiji vs Ireland
Fiji vs Italy