Stock market live updates: Futures flat, another 4.4 million jobless claims, oil jumps 20%

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The U.S. economy has now erased all job gains since the Great Recession, as the coronavirus crisis wears on. Follow along with the latest stock market updates here:

People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease , at an Arkansas Workforce Center in Fayetteville, Arkansas, April 6, 2020.8:38 am: The US economy has now erased all job gains since the Great Recessionto wipe out all the job gains it added over the last 11 years.

The coronavirus and forced business closures throughout the U.S. again buoyed the number of Americans applying for state unemployment benefits, which last week totaled 4.427 million, the Labor Department reported Thursday. Combined with the four prior jobless claims reports, the number of Americans who have filed for unemployment over the previous five weeks is 26.45 million. That number exceeds the 22.442 million jobs added to nonfarm payrolls since November 2009, when the U.S.

in the week ended April 18, bringing the total number seeking benefits over the past five weeks to more than 26 million. There was little reaction from stocks and bonds following the jobs report.—Oil rose for a second session on Thursday, rebounding from an unprecedented rout.

 

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3 of the 4 people in the photo don't have masks on, obviously idiots so not surprised they ain't got a job

lorakolodny

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Fantastic. Can't believe it's all such good news. At least I presume it is as the indices have rallied strongly again, as they have on every jobs report in the last 3 weeks.

Is there a plan from realDonaldTrump ?

Curve flattening is flattening us.

So much winning

Trump did that

who gives a shit oil futures are up baby!

bullish! buy stocks

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