Sunday, February 7, 2010

Jobless Report Encouraging Sign for Market

this article talks about how the recent decline in unemployment is a good sign but its not a great sign. it is always a good sign to see unemployment drop but with our economy still cutting thousands of jobs a week it may be a while until we see unemployment at a reasonable rate. one thing the article did not talk about was if this decrease was because people found jobs or if people stopped looking for jobs. If it as because people stop looking then that would cause the rates to drop but that would only mean that our economy is still in a lot of trouble. hopefully in the future we can see a significant drop in unemployment so that we may see a strong recovery.

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