US jobless claim
Due to the pandemic, FED has to print more money in order for their government to distribute stimulus to assist the citizens. This could be one of the reasons why the jobless claim hits all time high. With many resigned and staying at home thinking that the government will continue to distribute money (getting money without the need to work).In addition,with the rise of cryptocurrency which allows people to earn easy money. Therefore, inflation and stock market went up tremendously. i believe more will return to the workforce after the tapering.
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