Friday, January 8, 2010

Unemployment Woes....




Andrew Sullivan linked to an interesting article on The Atlantic about the national unemployment rate during the month of December. 85,000 jobs were terminated during the month of December, worse then what many believed would happen. The article paints both a good and bad picture of this situation. The good news is this...
"First, November's wonderful news may, indeed, have been just a blip. However, you could still draw a pretty nice trend from December 2008 through December 2009. If this progression continues, then 2010 should show some actual job growth before too long."

While the bad news is shown in the picture above. Disgruntled workers nearing a million could spell even more trouble for our fragile economy.

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