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Four causes for alarm in the US jobs figures – and one possible reason for hope

More than 20m Americans lost their jobs in April – and Friday’s report suggests there might be much more trouble ahead

Friday was a dark day for the US economy. The labor department announced more than 20 million people lost their jobs in April as the coronavirus shut down much of the economy.

Here are five key takeaways from a report that will enter the history books as the worst since the Great Depression of the 1930s.

This was the #JobsReport everyone was fearing & for good reason: 20M jobs lost. For African Americans unemployment rose to 16.7% & a similar jump for Whites to 14.2%.

This gives a historically low ratio of 1.3. Of course that means it took a pandemic to get these rates closer. pic.twitter.com/XPIG57BpJi

Sometimes it's better to not post anything at all

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Category Other Scheme - Index Funds
NAV 18.4860
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Repurchase Price 0.000
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Repurchase Price 0.000
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Category Income
NAV 10.0000
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Category Income
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HDFC FMP 750D June 2014 (1) - Direct Option - Flexi Option

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NAV 10.0000
Repurchase Price 0.0000
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Date 07-Nov-2014




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Category Income
NAV 10.0000
Repurchase Price 0.0000
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Category Income
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Date 27-Jun-2017




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Category Income
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Repurchase Price 0.0000
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Date 27-Jun-2017




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Category Income
NAV 10.0000
Repurchase Price 0.0000
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Date 27-Jun-2017




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Category Income
NAV 10.0000
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Date 27-Jun-2017




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Category Income
NAV 12.8074
Repurchase Price 0.0000
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Category Income
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Repurchase Price 0.0000
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Date 27-Jun-2017




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Repurchase Price 0.0000
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Repurchase Price 0.0000
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Category Income
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Date 01-Jun-2017




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Repurchase Price 0.0000
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Category Income
NAV 13.2320
Repurchase Price 0.0000
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Category Income
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Repurchase Price 0.0000
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Category Income
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Repurchase Price 0.0000
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Date 01-Jun-2017




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Category Income
NAV 10.0000
Repurchase Price 0.0000
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Date 18-May-2015




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Category Income
NAV 13.0993
Repurchase Price 0.0000
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Date 01-Jun-2017




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Category Income
NAV 11.1973
Repurchase Price 0.0000
Sale Price 0.0000
Date 18-May-2015




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Category Income
NAV 10.0000
Repurchase Price 0.0000
Sale Price 0.0000
Date 01-Jun-2017