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Meet the Augmented Unemployment Rate
Did the Fed's rate-hike announcement last week fundamentally change the way the Street examines the monthly employment report?
To many, it appears that when the November edition of the most important economic indicator is released Friday, Dec. 3, at 8:30 a.m. EST, bond trading desks will immediately send their economists scurrying after a component that traders have never cared that much about before.
Ladies and gentlemen, meet The Augmented Unemployment Rate. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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