Ser? Did the unemployment rate hit a "new all time high"? There are small monthly increases, but it's FAR from hitting an all time high. Can you post the link/source of your information?
If we ignore the COVID19 recession and its unprecedented high unemployment rate due to the heavy recession of that time where the economy was shut down for the most part, this is an ATH in the past 8 years (last was around June-July 2017).
But the key point here was the negative market reactions not the rate itself.
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What are you talking about? You said RECENT news about U.S. Unemployment Numbers surging to another all time high. You're either misinformed or merely shitposting.
I'm not trying to offend you, but please post the link of the site/URL of that information. We should make everyone informed as much as possible.
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