Jobs Report Expected To Show The Biggest Labor Shock In U.S. History
The U.S. economy suffered perhaps its biggest labor market shock in history last month, as government figures to be released Friday are expected to show the COVID-19 pandemic erased 20 million or more jobs and sent the nation's unemployment rate to about 16%, the highest since the Great Depression of the 1930 s. “It's just staggering,” said Holly Wade, director of…
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