The latest numbers show the unemployment rate stands at 9.1 percent, with the pace of job growth slowing. When it comes to new jobs, 70 percent of those are coming from small businesses, but many of them are struggling just to hang on.
Small businesses are often responsible for filling the summer job needs of America’s teenagers. CBS News correspondent Bill Whitaker reports that many [...]
On the latter score, Market Semiotics’ Woody Dorsey proprietary sentiment readings point to some “upside tries” ahead. His Semiotics Sentiment hit an absolute 100% at the peak in late April, but has tumbled all the way to 1% in the latest reading. That could point to a bounce into June 18-23 before giving way to the Summer Bummer he’s been predicting for months. For the longer term, Dorsey remains steadfastly [...]