Spotlight: U.S. unemployment surges to Depression-era level, analysts say it will only get worse

Builders work at a construction site in New York, the United States, on May 8, 2020. New data showed that U.S. employers cut a staggering 20.5 million jobs in April, erasing a decade of job gains since the global financial crisis and pushing the unemployment rate to a record 14.7 percent. While this marks the highest level of unemployment since the Great Depression, analysts said the figure does not capture the full scale of the COVID-19-induced job crisis, and the worst is yet to come. (Photo by Michael Nagle/Xinhua)