YCMNET's Michael Yoshikami thinks much of today's unemployment is structural rather than...

|By:, SA News Editor

YCMNET's Michael Yoshikami thinks much of today's unemployment is structural rather than cyclical, and expects the U.S. to have a new natural unemployment rate of around 7%, compared with a historical 4%. In such an environment, Yoshikami recommends investing in consumer staples, and "tailwind" industries such as energy and tech. (previously)