Friday, January 7, 2011

Good news? Unemployment down to 9.4%

I'm falling down on the job -- I completely forgot it was the first Friday of the month. The Bureau of Labor Statistics reports that December's unemployment rate is 9.4%, down from November's 9.8%. The broader U6 unemployment rate is 16.7%, down from November's 17.0%.

It's a long road ahead, but hopefully this is a single step in the right direction.
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2 comments:

  1. AnonymousJanuary 7, 2011 at 3:27 PM

    While the BLS reported an increase of ~100k jobs for december, what was encouraging was the revisions upward of october and november. A good thing that is overlooked!

    ReplyDelete
  2. AnonymousJanuary 8, 2011 at 8:04 AM

    Page me when stock options and signing bonuses are reinstituted. I can't stand listening to folks rag on about "the good times"...

    ReplyDelete

looks like Blogger doesn't work with anonymous comments from Chrome browsers at the moment - works in Microsoft Edge, or from Chrome with a Blogger account - sorry! CJ 3/21/20