Fox News: March Jobs Report Shows 701K Jobs Lost, Unemployment Rises to 4.4 Percent

EXCERPT:

VARNEY: “Okay, let me repeat those numbers, because they are indeed pretty bad. We lost 701,000 jobs in the month of March and the unemployment rate went up to 4.4%. Now that’s bad, but it doesn’t really paint a true picture of the employment market as we speak. This survey weak for the March jobs report was early in the month of March so it didn’t really capture the full impact of the virus on our economy. So you can expect, later in April, these jobless numbers will go way up.”