Always good to see more people out of work. That means positive things for the markets. Less folks making money, less money to spend on goods/services. Yessiree. Markets love unemployment. Default on loans. Welfare. Gotta love it.
Yeah..it's all they way up to 4.8%, which is considered better than full employment. That is at 5%.Please get some education.
"Get some education"It hopeless, dyneox. Some people look at gold and just see yellow dirt.
Remember, still OVER 95% of the people who want to work ARE working.Unemployment is still at historical lows.
Pardon my ignorance, but why does unemployment make stock's go up?
means the fed is less likely to raise rates, which is good for stocks..
The market is screwy.Good economic news - i.e. strong economy translates to bad stock market day due to fear of increased rate hikes to cool the economy.Less jobs = good market day due to the fact that rate hikes may stop.I'm sick of rate hikes too, but it just reiterates how fickle the market is.