8.5% Unemployment - Are We there Yet?
It was just announced on Friday that December payrolls increased 200K. It beat economists estimates of 150K. This resulted in a unemployment rate of 8.5% The issue lies in if this is sustainable job growth in the right direction. Time will tell, but things are pointing in the right direction and here is a reason why they are. For all of the upcoming job fairs in the cities that NATIONWIDEJOBFAIRS.COM is having Job Fairs, the unemployment has fell by as much as a full point in the last year. In all of the locations, only 2 showed a year over year drop of less than 1%. That is something to feel confident about. The question remains, how much further will the unemployment rate drop prior to the November elections. Stay tuned!