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Why is the stock market going gangbusters while millions of people are unemployed?

Why is the stock market going gangbusters while millions of people are unemployed?

Published 5 years, 6 months ago
Description
Millions of people are relying on unemployment benefits in the United States, at the same time Apple became America's first $2 Trillion company. The stock market is doing very well, even as unemployment numbers reversed a trend and went back up last week. What's going on? David Fiorenza, Associate Professor of Practice at the Villanova School of Business joins KYW in Depth to talk about the divide in the American economy during the coronavirus pandemic, how the labor force is shifting amid continued record unemployment, and how economists are viewing the debacle over the post office. >>> See omnystudio.com/policies/listener for privacy information.

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