Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. NEW YORK (TheStreet) -- Disbelief is often a hallmark of a powerful bull market, Jim Cramer told his Mad Money viewers Wednesday, and nowhere is that disbelief stronger than in the notion that fewer jobs are better for stock prices. Cramer said for many investors more jobs equals a better economy and a better economy means higher stock prices. But that linkage simply doesn't exist, he said. In fact, it's just the opposite. Stocks rise when companies make more money, Cramer explained, and that usually happens when they fire workers, not hire them. For many companies, increasing efficiency by using technology or finding ways to pay fewer taxes is the way to get shares moving. That's why Walgreen shares popped on just the rumor that it may move its domicile overseas with a smart acquisition. Then there's a stock like Dominos Pizza , which isn't rising because it's hiring. Instead, Dominos is rising because its online ordering system takes workers out of the mix, thereby increasing accuracy and profits. Cramer said the entire software-as-a-service industry is built on the notion of using technology to do things better and cheaper, with fewer employees. Aluminum maker Alcoa is seeing its profits rise, Cramer continued, thanks to closing its high-cost plants. Meanwhile, Union Pacific is using its new intermodal hub in New Mexico to move hundreds of trucks worth of freight with just one conductor, rather than hundreds of drivers. Everyone wants the economy to expand and more people to have jobs, Cramer concluded, but when you're looking at your portfolio, the "less is more" manta is the one that you should be hoping for. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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