Saturday , 10 June 2023

Unemployment

Recessions: 8 Things You Need To Know

A recession is the scariest creature in the average investor's closet of anxieties...because they can mean lower home prices, lower stock prices and, of course, higher unemployment [but] if you're prepared for the next one, there will be plenty of opportunities when that downturn ends. [That being said,] the more you know about recessions, the better, so here are 8 must-know facts about them.

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Bottom Line: Make Up Of Workforce Is Suppressing Wages

With unemployment claims as a % of the population hitting record lows in each of the past 4 years and a record number of job openings, we can be assured that there is precious little slack in the labor market so why do wage growth measures fail to provide accurate conclusions. The answer is that the overall labor composition has shifted toward lower paid entry level Millennials replacing peak earning Boomers heading into retirement. Let me explain with the help of some enlightening charts.

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The Official U.S. Unemployment Rate Is Bogus, A Sham, A Big Lie!

The unemployment statistics provided by the U.S. Government are bogus... The devil is in the detail and a lot of people don’t properly analyze the information they are being provided with. Here is that detail which explains how those stats have been manipulated downwards to show a supposed unemployment rate of 5.7% rather than the true rate of 11.3%. Yes, 11.3%!

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The Miserable State(s) of America & the World

The Misery Index is a lens through which to look at quality of life and, from an American perspective, such misery has risen steadily since 1994. How miserable is your state (and your state of being)? Take a look..

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