Singapore Stock Exchange - Equity Investments
Discussion forum on Singapore stocks and current affairs.
Thursday, February 25, 2021
Why did US FED say the unemployment rate was more likely to be 10% instead of the official 6.3%?
https://www.nytimes.com/2021/02/22/business/economy/unemployment-rate-covid.html
We had already explained the paradox of the unemployment rate below.
http://sg-stock.blogspot.com/2017/08/economic-101-dont-let-unemployment-rate.html
Theref
ore, we always tell
our viewers n
ot t
o l
o
ok at the headline number per se but t
o l
o
ok at the details (sub-c
omp
onents) because the devil always lies in the details.
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