During periods of low unemployment, employers may have a harder time finding workers.

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During periods of low unemployment, employers may have a harder time finding workers. This forces them to offer higher wages, which can contribute to inflation 📈⁠
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In January, the U.S. unemployment rate hit a 53-year low of 3.4%. With the recent release of February’s numbers, unemployment is now reported at a slightly higher 3.6%.⁠
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2022 was tough.

As consumers and businesses tighten their belts to brace for a potential recession, tech companies that had appeared immune to the economic woes of the pandemic have seen their revenue slow.

Companies such as Microsoft reported their worst quarterly results in years. Amazon and Meta announced big layoffs.

Still, that might open up a good opportunity for long-term investors.

For example, Amazon is currently only 20% higher than 5 years ago.

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