19 Apr 2021
Employment: The numbers
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The numbers are good.
The unemployment rate has dropped, the participation rates has increased and the underutilisation rate has dropped significantly.
When compared to the 1982-1983 recession and 1990-1992 recession the improvement in employment numbers is heroic in terms of recovery speed.
Click for charts.
We are currently only 12th months into this current Bull Market implying that there is a long way left to run based on history but the problem with history is that it rhymes and does not perfectly repeat which means that we always get different outcomes.
It is in these different outcomes that investment opportunities will present.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.