The Bureau of Labor Statistics released employment data showing an increase of 175,000 new payroll jobs in February. But at the same time it also stated that the total number unemployed increased by more than 200,000 and unemployment rate also rose by one-tenth of one percent in February. How does this work? Tune in on Fridays at 5:44 PM and on Mondays at 7:35 AM. (Original air-date March 14, 2014).
This week on WDIY's Economic Pulse, Dr. Kamran Afshar asks "Is the economy on the path to real recovery this time?" The economy grew at a rate of 3.2% during the 4th quarter of 2013. This is on top of a 4.1% growth in the 3rd quarter, such numbers are beginning to make this look like a real and robust recovery. Are we really there? (Original air-date March 7, 2014).
This week on WDIY's Economic Pulse, Dr. Kamran Afshar discusses how the economic impact of snow storms is multifaceted and ranges from loss of sales on one side to loss of income and revenues on the other. Such losses multiplies when people can't go to work and earning declines and while some of these losses are recoverable after the storm passes most of them are not. (Original air-date February 14, 2014).