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The latest jobs report for the month of March 2012 may hold more than meets the eye. The US Labor Department reports that 120,000 jobs were added in the month of March, however, that is fewer than analysts had expected. The unemployment rate for the month of March dropped to 8.2%, but economists claim that the rate went down because more Americans have simply stopped looking for work. The claims appear to hold true based on America’s workforce statistics of unemployed and underemployed. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to explain the claims and numbers released by the labor department and economic analysts.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: americas workforce, claims, financial advisor, fox news, jobs, jobs report, labor department, performance portfolio, underemployed, unemployed, unemployment rate, wealth manager, work