Unemployment Rate Drops

Unemployment Rate Drops - economy is still at a low point,...

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Darryl Williams Dr. Fulgham ECO 212-01 16 September 2010 Unemployment Rate Drops There are a lot less people signing up for unemployment benefits recently, and this is a good sign that the economy is headed in the right direction. The Labor Department was expecting a decrease in the unemployment, but they were not expecting a decline of this magnitude. One would assume that companies would continue to lay off employees, because the
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Unformatted text preview: economy is still at a low point, but instead they are slowly rehiring people that were previously let go. The main reason that there are a few extra jobs in the market is because the U.S. has vastly increased its exports and decreased its imports. Wall Street even reports that stocks have been lifted. It seems that the fear of another recession has been comforted for now....
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This document was uploaded on 10/29/2011 for the course ECO 212 at Jackson State.

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