Quick Recovery for Unemployment Rate
The U.S. unemployment rate skyrocketed to 14.7% in April 2020 when the economy shut down in response to the pandemic. This was by far the highest rate since the current tracking system began in 1948. Fortunately, employment has recovered at a record pace — the unemployment rate was just 3.6% in March, April, and May 2022, nearly the same as before the pandemic.
Also in this issue:
- Life Insurance Living Benefits
- Inflation Protection for Investment Dollars
- The Potential Benefits of Roth IRAs for Children