A sigh of relief from America’s recently unemployed can be heard from coast to coast as new data shows the nation’s unemployment rate hitting a pandemic-era low over the past few weeks.
This is definitely good news for serious job seekers and businesses looking to fill recently open positions, but a ray of hope for the country’s economy as well as a much-needed workforce begins to take shape once again.
Join us today as we reflect on this recent news update and share how it could be the key to finally returning the globe to pre-pandemic economic conditions.
A Workforce (Reluctantly) Reunites
Many job seekers across the nation are celebrating this month as their troubles seem to be coming to an end. With more and more positions becoming available every day, those who were seriously looking for a career are finding jobs ripe for the picking.
Those Americans who wished to continue to stay home and cash those $300 a week unemployment checks are not quite as happy, however as the assistance program came to a close last month.
Many officials continue to claim that the recent downswing in unemployment rates and the conclusion of pandemic related unemployment benefits are not two separate issues, but are in fact very much related.
With the U.S. closing the checkbook and forcing those who wish to continue to reap the benefits of their desired lifestyles to actually have to go out and work for it, we are now beginning to see signs of a dormant workforce coming back to life.
… A policy that many politicians who opposed these continued government handouts coming out of D.C. have continued to push for two years and now have the proof to back up their claims that argue an economy is only as strong as those who are willing to support it.
Signs of the Changing Times
The economic struggles of the past two years did not leave everyone jobless, though those citizens who have continued to stay employed during these troubling times have had to adapt to many new norms.
The biggest of these pandemic era work changes is, of course, the idea that many are now working from home. And with this taste of freedom, many are finding they prefer this arrangement to the monotony of sitting in a cubicle all day.
Some employers have also decided they prefer this arrangement and have decided to keep this modern work arrangement in place, cutting down on overhead and keeping employees happy in the long run.
Many in the group being forced to return to an office, however, are becoming more and more selfish with their time, with reports showing that employers are having a hard time keeping returning employees on a regular 9-5 schedule.
The Wrap Up…
With Americans returning to the workforce — some more willingly than others – the country has never been closer to returning to pre-pandemic conditions.
This newly acquired workforce will only continue to grow in the coming months and, as these new positions are filled, hopes are high that the economy will finally be given the much needed strength it needs to successfully rebound, bringing the markets and your investments along with it!
Learn More Here…
If you’re interested in learning more about today’s economic health and how its impacting the markets and your investments, then we urge you to join DTI founder and head trader Tom Busby below as he dives into this and much more during his latest broadcast!
P.S. – TODAY at 1pm ET, professional investor Guy Cohen will be sitting down with us for a LIVE briefing and Q&A session to open up about a U.S. government patented technology designed to track and take advantage of Wall Street’s most profitable movements!
… You’re not going to want to miss this!