Quote:
Originally Posted by spence
Employment is still trending up, manufacturing output is up, overtime is up etc... I know my sector is starting to hire again, thawing frozen salaries and reinstating incentive plans.
I'm not expecting the economy to go nuts, but we've had two consecutive quarters of positive GDP in a row and some good other indicators.
-spence
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Yet still we see job losses month to month... Scott had it right...the stimulas bill added not one job.
The current 9.7% unemployment is more due to a new way of calculating the umemployed rate then people going back to work. Sorry to burst your bubble but things are going to get worse.
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