Unemployment rate reaches 14.7 percent, the worst since the Great Depression

A sign alerts customers that a business is closed
(Image credit: Spencer Platt/Getty Images)

The unemployment rate amid the coronavirus crisis has officially reached the highest level since the Great Depression.

The Labor Department on Friday said that 20.5 million jobs were lost in April, and the unemployment rate climbed to 14.7 percent. This staggering report showed that a decade of job gains were wiped out in just one month, The Washington Post reports.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.