Tuesday, March 9, 2010

A Stable Unemployment Rate


We have good news for once! The unemployment rate remained at 9.7 percent in the month of February. That's a positive sign for the economy.

However, there is bad news (I mean, really, can there be good news without the bad?):
36,000 more jobs were cut from the labor force and the number of discouraged workers (Including myself) raised to 1.2 million people. Many people are working part-time to earn some money but are unable to find the fulltime jobs they desire even though they are qualified for the job.
So much for it being good news....

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