InvestmentsTop Global NewsMarketsReal Estate US unemployment rate seen near 20per cent as COVID slams jobs market again in May By financialnews_rlv83x - June 5, 2020 0 130 The U.S. unemployment rate likely shot up to almost 20per cent in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.