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2min chapter
Explaining Macroeconomics, The Fed, Interest Rates and Valuations (with Matt McBrady)
ACQ2 by Acquired
Is There a Challenge of the Chronically Unemployed?
The fed is looking to pull these people back into the economy. What we see is unprecedented levels of job openings right now and still a lot of unemployed, chronicall people. The chronically unemployed or under employed just don't have the skill set to fill the jobs that are available. I actually don't know how i would show up in the fed statisticsa ha, ha, ha. So that sort of tells us exactly now that your your intuition is exactly right.
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