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How Stock Market Boosts Employment: Record Low Unemployment

Record-high stock market has contributed to historically low unemployment rates as older workers retire with increased wealth. However, this shift in the labor force could result in a less productive economy.

by Mark Eisenberg
Sat, Feb 17, 2024 3:48am
in Business
• 2 mins read
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How Stock Market Boosts Employment: Record Low Unemployment | FinOracle

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The Impact of Record-High Stock Market on Unemployment Rates

How the Stock Market is Linked to Low Unemployment Rates

Historically low unemployment rates can be attributed to the record-high stock market, according to experts. A strong economy, reflected in the equity market, is typically associated with a fully employed labor market. This correlation can be found in college textbooks and is widely acknowledged by economists.

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