EconomPic did the graphic above and I think that this is the best way to look at the current unemployment sitch. The scale on the right includes unemployed people that are not counted in the official number, such as those who have picked up part-time work, are working on a task-by-task basis or who have…
EconomPic Data
July Retail Sales…Yep, Still Ugly
Europe and Asia were leading the way higher for S&P futures early this morning…until this ugly bucket of cold water was thrown at the optimists. What you’re looking at here is July Retail Sales broken down by sector. Don’t get too fired up over the Cash 4 Clunkers-induced gain for the autos. We’re not going to…
