Sharp increase in unemployment numbers tied to coronavirus

On Friday, April 3, the U.S. Department of Labor issued its monthly jobs report showing non-farm payroll employment fell by 701,000 in March. Nationally, the March unemployment rate rose to 4.4%, a 0.9 percentage point increase. This is the largest over the month increase in the rate since January 1975, which was also 0.9 percent … Continue reading Sharp increase in unemployment numbers tied to coronavirus