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Staggering unemployment figures fail to dim positive mood

US stocks rise even after unemployment soars to record levels

Kristie Batten
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. The better-than-expected figures dampened...

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