JOLTS: When Fiscal Stimulus Helps

An acceptable level of unemployment means that the government economist to whom it is acceptable still has a job the labor market is in bad shape

Fiscal stimulus isn’t always ineffective. Once we understand what it can and can’t do, we can gain a better appreciation for how it is helping. In the case of Covid and lockdowns, fiscal stimulus was done to help people who were suddenly jobless pay for essentials, and also to provide businesses with enough liquidity to keep employees on payroll. 

Read Article

the pensive nugget blue background logo

Get a different perspective on all things trading & investing every week!