maybe this is all like restaurant staff being re-hired?
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I’m bearish on unemployment. Second wave coming and the new norm will be 10% for the rest of tbe year.
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Could this be inflated by PPP?
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Right - firms quick to lay off and then PPP requirements meant they could rehire or bring people back on....
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Hired my 2 employees back in May :). Big question is what will it be when we are at 100% open. Over/Under 6%?
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Actually not surprising as most small companies erred on the safe side laying off quickly and adjusting/adding back employees as our new reality played out over last couple months...
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Exactly, it dipped but everyday it’s rebounding,
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I truly feel bad for all the people that freaked out and sold everything in March. Living through few recessions definitely helps you realize that eventually the world normalizes. And that the Fed always has funny money at its disposal.
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That funny money will rear it’s ugly head...wait for iiiiiit
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