Latest Unemployment Numbers
Most people that are unemployed or underemployed that live in high unemployment states don't need someone to tell them that there are problems in the economy. The statistics are what they are. There are two surveys, one of households, the other of employers. I'm sure people in North Dakota know there are more jobs available and the economy is good. Nevada and California are having problems putting people to work, but it is difficult in this real estate market to just sell your house and move to North Dakota.
So the unemployment rate got down to 7.8% nationally. Next month it might go up a bit or it might stat the same, or it might go down a bit. We are living in the American economy that is part of the global economy and the condition of those economies, the housing market and lots of other things can affect the numbers.
It was almost a certainty that the people in charge of conspiracies would scream about the drop in the unemployment rate. 7.8% unemployed is too high and unless we can figure out a way help the housing market without blowing up some other part of the economy it is going to be a slow uneven recovery.
The Bureau of Labor Statistics is not a branch of the Democratic or Republican Parties and to think they could cook the books enough to change an election is baseless.
So the unemployment rate got down to 7.8% nationally. Next month it might go up a bit or it might stat the same, or it might go down a bit. We are living in the American economy that is part of the global economy and the condition of those economies, the housing market and lots of other things can affect the numbers.
It was almost a certainty that the people in charge of conspiracies would scream about the drop in the unemployment rate. 7.8% unemployed is too high and unless we can figure out a way help the housing market without blowing up some other part of the economy it is going to be a slow uneven recovery.
The Bureau of Labor Statistics is not a branch of the Democratic or Republican Parties and to think they could cook the books enough to change an election is baseless.
Comments
Post a Comment