The unemployment rate dropped from 10.2% to 10% for November. Economist thought that the rate would maintain 10.2% for November so the news I’m reading is overly positive about the .2% drop. Most of these same economist however thought the unemployment rate would peak at 10.2% in February of 2010 but we saw that number 4 months earlier in October of this year. So forgive me if I am cautiously optimistic.
According to the New York Times, Allen L. Sinai, the founder of the research… Continue
Posted on December 4, 2009 at 3:19pm