At a weekly claims level of 255,000 this is close to the lowest level since August 1973-seeBLACK LINE. As a percentage of those employed, May 2015 comes in at the lowest ever recorded 0.18% with June 2015 at 0.19%-see DASHED GRAY LINE. Meanwhile Household Employment is at all-time highs at 148,739,000 individuals working-see BLUE LINE.
Voss Capital is betting on a housing market boom
The Voss Value Fund was up 4.09% net for the second quarter, while the Voss Value Offshore Fund was up 3.93%. The Russell 2000 returned 25.42%, the Russell 2000 Value returned 18.24%, and the S&P 500 gained 20.54%. In July, the funds did much better with a return of 15.25% for the Voss Value Fund Read More
You must really be asking yourself why do we continue to hear how bad things are!! Why is this level of employment ‘Bad’?