US unemployment at post war high in April

The US unemployment figure in April reached 20.5 million unemployed. That level of unemployment represents 14.7% of the US population which is f the highest unemployment figure in the US since the second wold war. Economists believe that figure would be as high as 20% if those who are not registered as unemployed found their way onto the register. Despite this, the number came in slightly above expectations which bolstered the mood of markets in the US as well as the news that many developed market economies were gradually beginning to lift lock down measures.