by Jeff Bishop | Aug 9, 2020 | Total Alpha
On Friday, the Labor Department reported that U.S. unemployment hit 10.2% in July. And the number of underemployed workers – people who have a part-time job and want more work – sits at a troubling 16.5%. Both numbers are alarming. But no number is...
by Jeff Bishop | Jun 7, 2020 | Total Alpha
Markets cheered employment gains of 2.5 million jobs in May, sending the Dow soaring by nearly 1,000 points. Caught up in the moment, politicos and pundits didn’t bother to tell you the critical fact… …The Jobs Numbers Were A Lie! The actual unemployment rate WAS NOT...
by Jeff Bishop | May 31, 2020 | Total Alpha
20% Unemployment… That’s not a headline from 1930…it’s the consensus estimate for non-farm payrolls in May. Despite the ballooning unemployment figure… the stock market is closing in on all-time highs again. It’s not that market participants don’t care…but...
