Still Bad But Better?

Ken AshfordEconomy & Jobs & DeficitLeave a Comment

The big news today is the latest unemployment number. It stands at 8.9% with another 539,000 jobs shed. It's the highest unemployment number since 1983 and is up from last month's 8.5 percent.

BUT…not reaching the 600,000 jobs lost, as many expected we would, is important psychologically, and it could be an indicator of a slowing in the recession.