The unemployment rate has been trending down for the last few months, but that isn’t always the best indicator of strength in the job market because it doesn’t take into account the unemployed who have stopped looking altogether.
Recently, J.C. Penney announced plans to do away with sales and instead offer discounted prices every day. The retail giant’s new strategy is a risky one because many shoppers are in the habit of only buying clothing when they see red sale tags.
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