How the Low Unemployment Rate Has Impacted the Stock Market
July 04, 2022 at 08:00 AM EDT
By Jeff Weniger, CFA Head of Equity Strategy It’s good when the unemployment rate is low, right? Of course it is. The problem is that super-low unemployment often comes at the end of the good times, not the beginning. It’s a bit counterintuitive. Intuition would say that abundant jobs should...