Friday, October 03, 2014

Economy

Former head of Fed Bernanke turned down on refinancing his mortgage.

Hiring surge loweres unemployment to 5.9 percent.
"The participation rate, which measures the number of Americans employed or looking for a job as a share of the working-age population, decreased to 62.7 percent, the lowest since February 1978, from 62.8 percent a month before. "
The workforce participation rate continues to decline.

Labor participation rate drops to 36 year low.

Talk about a war on women: record number of women not working.

Housing bubble on the Thames.

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