The Unemployment Rate Doesn’t Show the Full Picture
Last week was a mixed week for Wall Street and the capital markets on a number of fronts. Thanks or rather no thanks to Hurricane Sandy, the North East faced billions of dollars in damages with New York and New Jersey heavily hit by power outages, gas shortages, fallen trees and damaged homes. The storm damage resulted in a shortened trading week for the capital | Read More »
Tags: BLS, Bureau of Labor Statistics, Capital Markets, Challenge, consumer price index, CPI, defense spending, disposable income, Dow Jones Industrial Average, employment report, Fed, Federal Reserve, fiscal cliff, food prices, fuel prices, hours worked, inflation, Intuit, job cuts, Nasdaq, Nasdaq Composite Index, New Jersey, New York, New York Stock Exchange, NY, payrolls, PowerTrend, S&P 500, Sandy, sequestration, small business, U-6, underemployed, underemployment, unemployed, unemployment rate, wages, Wall Street
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