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laetus t1_j9tvu1v wrote

Reply to comment by L3G4L_4SS4SSIN in $SQ (Block Inc) Revenue Growth -0.73%, Total Operating Expenses +55%, Stock-based Compensation +64%, Negative Adjusted OI Outlook 🤷‍♂️ by FI_investor

What did the 2000s crash have to do with unemployment?

Unemployment was low then.

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Andre-ch t1_j9ul32e wrote

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i still do not understand why many people focus a lot on the unemployment rate?

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laetus t1_j9ultiy wrote

Because why does it matter?

"Stocks are valued at a billion PE"

-"BUT WHAT ABOUT THE UNEMPLOYMENT"

??

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