Some 10 million workers have applied for unemployment benefits in two weeks, a once-unimaginable number that amounts to nearly one out of every 20 working-age Americans.
The government’s latest monthly employment report, released Friday, showed early signs of trouble in an economy facing a potentially crippling recession, with U.S. employers shedding 701,000 jobs in March and the unemployment rate rising to 4.4 percent. It marked the first time the economy has lost jobs since September 2010, ending a remarkable 113-month streak of growth.
Fox Business Contributor, Scott “the cow guy” Shellady, runs through the March unemployment numbers with Dan & Amy:
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