March jobs report shows loss of 701,000 jobs. SRuhle explains how that's a 'backward-looking picture' taken before many state shutdowns: 'The number that is most relevant, without a doubt, is yesterday's jobless claims topping 6 million.'
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The US economy lost 701,000 jobs in March -- worst report since 2009The monthly jobs report shows the US economy shed 701,000 jobs in March and the unemployment rate rose to 4.4%. The report doesn't reflect the past two weeks of skyrocketing layoffs.
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