Less Americans are being laid off their jobs in America
according to the Bureau of labor statistics. During the month of February only
.9 percent of all job holders got laid off. This is significantly down from the
recent past. Over the past 12 months 15.1 percent of workers lost their jobs
which is the lowest 12 month percentage since 2006. In 2006 however the job
turnover rate was much better than it is now so there were much less people who
were unemployed. Because there are so many aspects to unemployment it is hard
to figure just about anything from this data. However from what the article
tells us it seems like the unemployment rate is doing better.
As the economy as a whole continues to move in a positive direction, so will the unemployment rate. Although we have made much progress in the past couple of months, these recent fiscal cuts will most likely restrain the economy's advancements.
ReplyDelete