Staggering unemployment figures fail to dim positive mood

THE S&P 500 rose 1.7% on Friday as US unemployment reached the highest level since the Great Depression.

Staggering unemployment figures fail to dim positive mood Staggering unemployment figures fail to dim positive mood Staggering unemployment figures fail to dim positive mood Staggering unemployment figures fail to dim positive mood Staggering unemployment figures fail to dim positive mood

The US lost 22 million jobs in April, sending the unemployment rate to 14.7%.

Still, it was better than the 22 million, or 16% rate, that had been expected.

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