April Jobs Report

#Jobs — biggest losses since WW2

Loss of 20,500,000 non-farm payroll jobs, vs. expected 21.5M loss
Unemployment at 14.7%, up by 10.3%, vs. expected 16%
U6 unemployment at 22.8%, up by 14.1%
Avg Hourly Earnings up 4.3%
Labor force participation 60.2%, down by 2.5, lowest in over a decade

March revised down from -701K to -870K
February revised up from +214K to +230K