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The job market is getting worse. So why are stocks booming?
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The job market is getting worse. So why are stocks booming?

1 min read

Stocks are hovering near record highs, yet it’s getting harder to find a job, with major companies doing layoffs. Here’s why Wall Street isn’t worried.

It’s getting harder to find a job and easier to lose one. Employers are hiring workers at a steadily lower rate while laying them off at a rising one, according to data from the Chicago Federal Reserve. The unemployment rate has been ticking up, and ... [8555 chars]

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Source: vox.com

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