The U6 Measure of Labor Under-utlization is the broadest measure of Unemployment the BLS releases:
U6 Unemployment
Via Jake of Econompic
While yesterday's US stock market close was poor, Asia and Europe didn't follow today as debt in Greece, Spain, Portugal, etc... rallied, their CDS narrowed and stocks bounced. The Greek finance minister said January tax revenues came in above expectations and that spending was below target for the month and said "that means the deficit reduction for January is well within what we have promised." The euro is rising in turn. Also helping is the story that Trichet is headed to the European Union leaders summit a day early in order to address Greece's problems even as the Greek finance...
read more »
April 3rd, 2009 at 1:51 pm
Only Evel Knievel would try and ride up that sucker.
April 3rd, 2009 at 4:13 pm
Looks like a lot of former customers to me. I can’t imagine who is going to buy products and services that will keep this market up.