Posted by (Reported by American Life Insurance Guide on 05/10/2020 in Los Angeles) Data released by the U.S. Department of Labor shows that in #New Coronary Pneumonia Outbreak in the U.S.Under the influence, the unemployment rate in the United States soared to 4% in April, setting a new high for the number of unemployed in 14.7 years.
Historical U.S. Unemployment Rate Chart-Cartography ©️ U.S. Department of Labor
The highest unemployment rate in history in the United States occurred during the Great Depression in 1933. After 10 years of painful social transformation, the unemployment rate and social vitality gradually recovered.
According to the April unemployment data just released by the U.S. Department of Labor, the number of unemployed people in the U.S. has increased by 4% compared to March.The number soared to 2310 million.
What are you worrying about after 90 and 00?
There are various interpretations of this number in the market.According to the real life experience of the Chinese community in the United States,Many people actually chose to be fired on their own initiative.
OnAmerican Life Insurance GuideFeedback from SME owners in the community, Some employees are unwilling to increase the burden on their bosses, and take the initiative to communicate about the application for unemployment.This is because the unemployment insurance benefits they can get after unemployment is often similar to their wages, or even higher than their wages during this period.
For those born in the 90s and 00s in the American society, a recent survey shows that during the period of the new crown virus epidemic in the United States for health threats and high unemployment figures,The post-90s and post-00s are more concerned about their investment portfolio.
Interesting survey: choose money or choose health?
Brokerage firm E-Trade launched an online survey in April of this year. This survey targeted individual investors who opened accounts, aged between 4 and 18.
The result of this interesting survey is that 54% of young investors check their investment accounts at least daily in the days of the new coronavirus epidemic in the United States.Among those under 30, 58% of investors said that since the outbreak of the new crown virus, they have checked their investment accounts more frequently.
60% of young investors feel that they have made the right decisions on their investment portfolio and are very confident.
"The generations born in the 90s and 00s in the United States have experienced a 10-year bull market, so it is understandable that they have concentrated on the investment situation.But the important thing is that time is on their side."E-trade's general manager of investment strategy Mike commented.
In such a market environment, guarding each of usPension income, Different strategies are also needed.Don’t put eggs in the same basket,Diversified financial management methods和A combination of robust fixed income strategies, In order to hold their own fruits. (End of full text)
appendix
1. "E*TRADE Study Reveals Investment Concerns Among Gen Z and Millennials Overshadow Health and Daily Expenses Amid Pandemic", 05.07.2020, Businesswire, https://bwnews.pr/2xQgF42
