Earlier this month, the U.S. Bureau of Labor Statistics reported that the national unemployment rate had risen to 14.7 percent.
Earlier this month, the U.S. Bureau of Labor Statistics reported that the national unemployment rate had risen to 14.7 percent—levels last seen during the depths of the Great Depression—compared to 3.5 percent in February before COVID-19 brought the country to a standstill.
Federal data released by the BLS on Friday revealed that unemployment rates reached record-highs in 43 states last month, with the figure in Hawaii, Michigan and Nevada exceeding 20 percent.
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