U.S. unemployment rate jumps to 14.7%, worst since Great Depression

FAN Editor

A record 20.5 million Americans lost jobs in April, according to an unemployment report released by the Labor Department Friday. The U.S. unemployment rate jumped to 14.7%, the worst since the Great Depression. CBS News business analyst Jill Schlesinger joins “CBS This Morning: Saturday” to unpack the staggering figure and discuss what it means for the future of the country.

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