google.com, pub-2431335701173086, DIRECT, f08c47fec0942fa0 November 2019 - MarchéEconomics

November 1, 2019

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November Stock and Fund Picks

Beware the unemployment rate. It went down during the Obama administration because people dropped out of the labor force, not because job growth was strong. To illustrate, assume 100 people are in the labor force (working or looking for work and unemployed, non-institutionalized, and greater than 16 years of age). Assume 5 people are unemployed (actively searching for a job but don't yet have one) which makes the unemployment rate 5% = 5/100. Now assume that 2 people become discouraged…