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Episode

Pandemic Wipes Out U.S. Jobs

May 8, 2020

After a month of coronavirus shutdowns, the U.S. jobs report for April announced a record-high unemployment rate and the highest since the Great Depression. AP Federal Reserve reporter Chris Rugaber and economics editor Fred Monyak discuss how 11 years of gains were wiped out in a month by the pandemic and what the road to recovery looks like.

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