In April alone, the U.S. lost more than 20 million jobs — increasing the unemployment rate to 14.7%. Researchers say one of the demographics hit hardest during the pandemic is women workers. Women tend to hold a disproportionate number of jobs in industries such as hospitality, health care and education. Consequently, the unemployment rate for…

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It will be interesting to see how the job market fares over the next few months. While millions of workers have been laid off due to the coronavirus pandemic, many of those employers will be reopening and may or may not rehire those let go. Much depends on the direction of the outbreak: If it…

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Are the Stock Market and the Economy Out of Sync?   In normal times, the stock market is often a reflection of the economy. But these are not normal times. Even though April was marked by a global shutdown of businesses, rampant unemployment and low economic growth, the S&P 500 Index ended the month up…

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The Wharton School of Business at the University of Pennsylvania has conducted extensive studies on the effects of immigration on America’s economy. In light of heightened policy debates in the U.S., some of the most critical findings are:1 Increasing the number of legal immigrants with a college degree would have little impact on employment and…

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Health Care a Hot Topic for 2020 One issue sure to ignite the 2020 election year is the future of health care in America. As Congress resumes its session this fall, legislators on both sides of the aisle are anxious to pass health-care-related bills to gain positive campaign traction. Popular proposals include legislation to lower…

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Americans are so busy that they often have a hard time balancing demands for work and their personal lives. In fact, participants in a recent survey reported having only an average of 26 minutes of free time each week.1 Where does the time go? The Bureau of Labor Statistics reports that women have not only…

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What You’ll Learn:
Learning how to maximize your retirement income during turbulent times may be your best investment.
How to protect yourself against future drops in the market without completely sacrificing the chance to grow your money.
The biggest risks to a secure retirement – and how to overcome them.
Traditional “safe” havens for retirement savings such as money-market funds, government bonds and CDs are yielding after-tax returns barely above inflation. You’ll discover better options.
Learn how you can create a safe and secure stream of ‘retirement paychecks’ that are guaranteed for your life – and your spouse’s life.

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Let’s talk a little about famous last words. On Nov. 8, 2007, then-Federal Reserve Chairman Ben Bernanke told lawmakers that the U.S. economy did not appear headed for recession. One month later, the Great Recession of the 21st century began.1 So, on Sept. 6 of this year, when Fed Chair Jerome Powell announced that he…

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What You’ll Learn:
Learning how to maximize your retirement income during turbulent times may be your best investment.
How to protect yourself against future drops in the market without completely sacrificing the chance to grow your money.
The biggest risks to a secure retirement – and how to overcome them.
Traditional “safe” havens for retirement savings such as money-market funds, government bonds and CDs are yielding after-tax returns barely above inflation. You’ll discover better options.
Learn how you can create a safe and secure stream of ‘retirement paychecks’ that are guaranteed for your life – and your spouse’s life.

Read More