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!