Monthly Archives: December 2011

High unemployment means high bond prices: independent financial advice

   Since December 2007 the work force declined by 53,000 but the population expanded by 9,000,000. This is the longest period in the past sixty years to get near to the employment high point of the period before the current recession. Bloomberg BusinessWeek said if the work force had grown at its normal pace the jobless rate would be 11.4% instead of 8.6%.

2017-01-10T23:30:46-08:00 December 12th, 2011|mayflowercapital blog|Comments Off on High unemployment means high bond prices: independent financial advice