NEW YORK (TheStreet) -- "When it comes to the stock market, joblessness in the U.S. isn't a bad thing," Jim Cramer told the viewers of his "Mad Money" TV show Monday. "In fact," he continued, "it's been a positive thing for countless companies that have laid off workers and are profiting as a result."

Cramer said there will continue to be layoffs and double-digit unemployment in the U.S. for quite some time, but that doesn't mean that companies won't make money or that stocks won't head higher. He said the sad reality is that there's an inverse relationship between employment and profits.

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