Another huge blow to US workers expected in May jobs report
By CHRISTOPHER RUGABER AP Economics Reporter
WASHINGTON (AP) — America’s workers likely suffered another devastating blow in May, with millions more jobs lost to the viral pandemic and an unemployment rate near or even above 20% for the first time since the Great Depression. Economists have forecast that the U.S. government will report that employers shed 8.5 million more jobs last month on top of the 21.4 million lost in April. A figure that large would raise the total losses since the coronavirus intensified in March to nearly 30 million — more than triple the number of jobs lost during the entire 2008-2009 Great Recession.