Who knows what will happen after next Tuesday, but the labor department reported more good employment news for employment in October. “The official unemployment rate dropped to 4.9 percent, from 5 percent. And average hourly earnings rose 2.8 percent year…
Tag: Economics
Cautious Optimism Over Lower Unemployment Numbers
“The economy is on track to grow more than 2% in the second quarter, powered by rising home sales and steady consumer spending on an array of other goods and services.” Overall US unemployment is down to 4.7% which is…
Fundamental Economic Data Still Strong
US Unemployment is at record lows, but may be sneaking up a little in the next few weeks as global markets fluctuate a bit. At 5.3%, unemployment is now almost half of its peak of 10% in October 2009. The…