The unemployment rate in the United States rose to 14.7% in April against 4.4% in March. According to the US Department of Labor, 20.5 million people lost their jobs in a month: the number of jobs in the private sector fell by 19.5 million, and in the public sector by 980 thousand, Reuters reports.
The largest job losses were recorded in the hotel and restaurant business (7.6 million), in retail trade (2.1 million), as well as in the healthcare sector (1.4 million). Factories and plants reduced 1.33 million employees, and construction companies вЂ” almost 1 million people.
This is the highest unemployment rate since the Great Depression of the 30s of the last century, but the figures are better than analysts predicted. Against the backdrop of the COVID-19 coronavirus pandemic, US unemployment was expected to reach 16%.