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The Washington DC unemployment rate fell to 5.4% in June, well below the national average. The real unemployment rate in the US is closer to 14.9%. Why is there such a wide differential? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business’ Varney & Company to discuss why Washington DC is doing so well as it relates to unemployment.
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: ed butowsky, financial advisor, fox business, jobs, unemployment, unemployment rate, washington, wealth advisor