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> Gains in U.S. stocks accelerated Friday after April’s nonfarm payrolls report showed unemployment rose to 14.7%, the highest level on record. Aren't stock pr
by mirimir 6y ago
> Gains in U.S. stocks accelerated Friday after April’s nonfarm payrolls report showed unemployment rose to 14.7%, the highest level on record.
Aren't stock prices generally proportional to unemployment level? Maybe because low unemployment pushes wages up?