The Week in Review from Valeo Financial Advisors (June 6, 2014)
Personal Finance
- 72% of surveyed grandparents say they want to help fund their grandchildren’s college, about 32% say they currently are doing so USA Today
- Since 1950 the percentage of where Americans spend their money has steadily drifted from commodity based (lead by food and apparel) to services (lead by shelter and medical care) BLS: TED
Employment and Income
- How frequently do private businesses pay their workers? BLS: TED
- Educational attainment and earnings of women BLS: TED
U.S. Economy
- U.S. payrolls increased by 217,000 in May and the unemployment rate stands at 6.3%, nearly a 6-Year low Bloomberg
- How the recession reshaped the U.S. economy, in one chart composed of 255 charts The New York Times
Global Finance