FEX - Jobless Claims Have Remained Higher Now For 42 Weeks (And Counting)

January, 08 2021 01:00 AM First Trust Large Cap Core AlphaDEX Fund

Initial unemployment claims have remained above 700k in every single week for forty-two weeks, and there is, as yet, no end in sight.
What the jobless figures show, as the ADP estimates on private payrolls have, and what the BLS payroll reports tomorrow probably will, is that the economy still has some rebound in it - and it's not nearly enough.
The "V" hopes were dashed long ago, and they have been replaced instead by "stimulus".

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Company Name:	First Trust Large Cap Core AlphaDEX Fund
Stock Symbol:	FEX
Market:	NASDAQ