Headline April 2020 Unemployment Really Was Around 20%, Not 15%

Bureau of Labor Statistics
Disclosed Erroneous Unemployment Surveying for a Second Month

About 7.5 Million People in the April Household Survey Were Misclassified as
Employed Instead of Unemployed, per the BLS

Headline April U.3 Unemployment at 14.7%, Should Have Been 19.5%

The BLS Had Disclosed the Same Surveying Error Last Month;
Where Headline March 2020 U.3 Was 4.4%, It Should Have Been 5.3%

Per the BLS, Headline Data Will Not Be Corrected:
“To maintain data integrity, no ad hoc actions are taken to reclassify survey responses.”

Nonetheless, Headline April Unemployment Soared to Historic Highs from March:
U.3 from 4.4% to 14.7%, U.6 from 8.7% to 22.8% and ShadowStats from 22.9% to 35.4%

More Realistic, Those Same Unemployment Numbers, Corrected:
U.3 from 5.3 % to 19.5%, U.6 from 9.6% to 27.7% and ShadowStats from 23.7% to 39.6%

April 2020 Payrolls Collapsed by an Unprecedented 20.5 Million Jobs

Annual Growth in April 2020 Money Supply Measures Soared to Historic Highs

U.S. Economic Activity Has Collapsed to Great Depression Levels, with the
Federal Reserve Creating Unlimited Money