Earlier this year when Eric Migicovsky was looking for money to fund Pebble, his concept watch that works like a smartphone, he used the popular crowdfunding site Kickstarter. So far, he has raised more than $7.1 million with nearly a week to go, making his project the most…Read full post
By Norm Bond
The Labor Department said Friday that employment increased in professional and business services, retail trade, and health care, but declined in transportation and warehousing. In addition non-farm payrolls rose by 115,000 last month. This was 50,000 lower than the anticipated estimate of about 165,000.
What about the all important unemployment number? Among the major worker groups, the unemployment rates for adult men (7.5 percent), adult women (7.4 percent), teenagers (24.9 percent), whites (7.4 percent), Asians…Read full post