Covid-19 has destroyed the US job market. In April, the US unemployment rate reached nearly 15%, up from 3.5% in February. Job losses have been concentrated among low-wage and female workers.
The virus has also led to a spike in married couples with neither member employed. Some 11% of married couples with one partner between 25 and 54 years old had no earners in April, according to Quartz’s analysis of US Bureau of Labor Statistics data. Monthly employment data on couples is available going back to 1976, and this is by far the highest rate of dual-unemployed couples on record. The share of couples with no earners never rose higher than 7% during the Great Recession.