Markets began showing early signs of a rebound Friday,... but is this hopeful news enough to satisfy the 684,000 who remain unemployed?
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| Early Signs of Recovery Leave Some Investors Hopeful... |
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Markets began showing early signs of a rebound Friday allowing some investors to end their week on a high note. This update comes with the latest release of positive news from Washington that shows unemployment rates have recently gone down to a record, post-pandemic low of 684,000. This marks the first-time unemployment numbers have fallen below 700,000 since what most people consider the start of the pandemic in March of 2020. ... But is this hopeful news enough to satisfy the 684,000 who still find themselves in the unemployment line? |
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FED Chair Jerome Powell recently shared his optimism about the economy's current path towards recovery and points towards the steps Congress has taken over the past year to provide citizens with economic stimulus as well as the current rollout of the virus vaccine for the cause of his positivity. ... But what does this latest update mean for today's investor? |
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When the Biden administration took power – with the admiration of their supporters — they brought with them an extensive list of goals that they hope to implement during their time in office. In order to grant Biden's long wish list, however, officials must first come up with ways to pay for their ambitious ideas. Unfortunately, that's where we come in… |
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