Thursday's grim report comes as coronavirus infections continue to rise across the country, thus hindering the economic comeback President Donald Trump has touted.
The timing and tone of the ad—as well as its messenger—sparked backlash, given the mass death and economic devastation that has occurred under President Trump’s watch.
These diverging jobless rates could only be caused by one thing, said one economic expert: racial discrimination.
Senate Majority Leader Mitch McConnell said the GOP will not extend the added $600 weekly benefit when it expires at the end of July.
Nearly all the job growth achieved during the 11-year recovery from the Great Recession has now been lost in one month.
With more employers cutting payrolls to save money, economists have forecast that the unemployment rate for April could go as high as 20%.
These are the obstacles facing freelancers—which include about 57 million Americans—applying for unemployment because of work lost due to coronavirus.