The March jobs report shows a staggering loss of 701,000 jobs, which is one of the biggest monthly losses in history.
However, the Labor Department said " It can not precisely quantify the effects of the pandemic on the job market in March", and errors in counting those who lost jobs mean the unemployment rate was likely a full point higher.
The huge jump in unemployment was fueled by major hits in the leisure and hospitality sectors of the economy with almost 460,000 jobs lost in those sectors alone, according to the bureau's statistics.
As of Friday morning, more than 6,000 Americans died from the Covid-19.
In particular, leisure and hospitality employment fell by 459,000 jobs with a specific decline in food services and drinking establishments while healthcare and social assistance employment fell by 61,000 with job losses in dental, physician offices and other healthcare practitioner offices.
Data for the state of Florida will be released April 17.
"We anticipate the largest decline in employment on record in April, with 24 million jobs lost & #unemployment rate spiking to 14 percent", he tweeted.
Yet the government acknowledged it could not yet capture the full extent of the damage, and economists say the April report is set to be dramatically worse.
Since then, cases of coronavirus have jumped to more than 245,000 and a majority of states have put lockdown measures in place, forcing most businesses to close.
Forecasting firm Oxford Economics is predicting a 16% unemployment rate by May with the loss of 27.9m jobs, more than double the 8.7m jobs cut during the 2007-2009 recession and its aftermath.
The crisis means the decade-long employment gains came to a screeching halt. But if the virus outbreak forces businesses to stay closed into the late summer, many may go bankrupt or won't have the money to rehire their old employees. But he acknowledged that there may be some delays in getting the funds even though the process has been streamlined, and some banks were saying they did not have complete information on how the program was going to work.
Since September 2019, the US unemployment rate has been hovering near historically low level, around 3.5-3.6 percent, following a decade-long economic expansion after the global financial crisis. Consumer staples rose 0.54 percent, the only gainer among the groups.