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This week’s big number: the unemployment rate

BY HBSDealer Staff
Quikrete Industry Dashboard — July 20, 2018

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As expected, the nation’s unemployment rate soared in April. The new figure, 14.7%, reflects economic and workforce damage caused by the pandemic, and pandemic-related shutdowns.

It’s the highest monthly unemployment rate recorded by the Bureau of Labor Statistics since it began keeping track in 1948. (The rate during the Great Depression of the 1930s is generally considered to have fallen in the 25% range.)

Elsewhere on the Dashboard, positive numbers are returning to the Stock Roundup. Five companies are showing gains for both the year and the month.

The much-anticipated sales estimates of NAICS 444 for the month of April will be released on May 15.

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