After the majority of the country spent weeks in lockdown to help stem the spread of the coronavirus, the Labor Department announced Friday that the US economy lost 20.5 million jobs in April, with unemployment rates soaring to 14.7%. We now face an economic fallout that could rival the Great Depression ― a historic downturn that lasted a decade and destroyed the economic security of our country. This time, some are calling it the Trump Depression.
After the majority of the country spent weeks in lockdown to help stem the spread of the coronavirus, the Labor Department announced Friday that the US economy lost 20.5 million jobs in April, with unemployment rates soaring to 14.7%. We now face an economic fallout that could rival the Great Depression ― a historic downturn that lasted a decade and destroyed the economic security of our country. This time, some are calling it the Trump Depression.
