In marketing, life, & politics, perception is often reality. When it comes to unemployment data, the U.S. government breaks down employment trends into six separate categories: U-1 through U-6. Two of the six are key: U-3 & U-6. Also note that if the U.S. economy gains roughly 150,000 … [Read more...] about 7.8% Unemployment Equals 14.7%
unemployment
The Economy is Not Improving: How Can Marketing Help?
If you look at the chart below, it's clear the job outlook is not positive. The illusion of a "recovery" is fading and long-term reality is setting in for many individuals and companies. As we look at 2015 94 million Americans are out of work and the labor participation rate is the lowest since … [Read more...] about The Economy is Not Improving: How Can Marketing Help?
Economic Recovery: Optimism Foundational-Realism Not Optional
Some say the recession is over and some say it's not. It all hinges on how you define the terms. Let's look at two frequently used words: recession and recovery. Recession, by the traditional definition, means that GDP declines for at least two quarters or roughly six months. Overall economic … [Read more...] about Economic Recovery: Optimism Foundational-Realism Not Optional
