The bull market is stepping into its third year and according to Charles Schwab & Co, the current patterns relating to the unemployment rate suggest that it may not last long. As per the provided data, the bull market was kicked off with an unemployment rate of 3.6% in October 2022, marking the historical lowest point at the onset of new bull markets. This figure is barely lower than the previous record low of 3.7% in 1966. Interestingly, the bull market of that time only endured for around two years, as stated by Liz Ann Sonders and Kevin Gordon from Charles Schwab. They shared their views in a note to their clients, reflecting the lack of longevity when the economy fails to experience a thorough washout.

To connect with a representative for more details on current employment conditions that could in turn affect the market, knowing how to contact EDD (Employment Development Department) could be crucial. With a wealth of necessary information handy for matters relating to employment and unemployment, eddcallers.com provides a platform for individuals to easily contact their state’s specific EDD service. Whether needing to discuss unemployment benefits, inquire about an application, or for other services offered by EDD, the website strives to enable people to successfully navigate their unemployment or employment queries.