April 2020 BLS Employment Situation Summary Megathread Economics

April 2020 BLS Employment Situation Summary Megathread
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April 2020 BLS Employment Situation Summary Megathread

Posted: 08 May 2020 06:19 AM PDT

Hi Everyone,

This is the megathread for the April 2020 Jobs report. Please do not do not create new submissions linking to the Employment situation report, or to news articles reporting on the contents of said report.

Here is the official BLS press release: https://www.bls.gov/news.release/empsit.nr0.htm

Key information:

Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) pandemic and efforts to contain it. Employment fell sharply in all major industry sectors, with particularly heavy job losses in leisure and hospitality.

submitted by /u/Uptons_BJs
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The Terrible Jobs Report Gets Worse The More You Read It

Posted: 08 May 2020 10:16 AM PDT

submitted by /u/twenafeesh
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Democratic Senators propose $2,000 monthly payments to most Americans. Including children.

Posted: 08 May 2020 06:14 PM PDT

submitted by /u/Donk3y_Brolic
[link] [comments]

Health care industry decimated by coronavirus, loses 1.4 million jobs

Posted: 08 May 2020 05:00 PM PDT

submitted by /u/91hawksfan
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BoE warns UK set to enter worst recession for 300 years

Posted: 08 May 2020 07:15 AM PDT