Home ยป March Unemployment from 50-Year Low to 4.4%
March Unemployment from 50-Year Low to 4.4%
April 3, 2020
March Unemployment Jumped. A record-long streak of U.S. job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs because of the viral outbreak that’s all but shut down the U.S. economy. The March unemployment rate jumped to 4.4% from a 50-year low of 3.5%.
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Today we are sharing our updated national unemployment chart, weekly U.S. jobless claims map, and a map of the impact the coronavirus outbreak has affected the hospitality workforce.
National Unemployment Claims (Chart): Updating weekly unemployment claims for the entire U.S. since the year 2000.