Permanent Article Link Here:
http://www.latimes.com/business/la-fi-jobs-20131207,0,5416221.story#axzz2nN5Ohxoz
Annotations:
Over the last month or so, there have been as many as 203 thousand new jobs added to the workforce in the United States, dropping the unemployment rate to seven percent. The jobs that were added were all in non-farming work, and mostly consisted of higher-paying positions within the national labor force. The seven percent rate makes unemployment drop to its lowest rate since 2008, and also brings optimism due to the government implications this holds. With unemployment on the fall, economic recovery shows to be on a track back towards success, and the government now moves closer to easing its stimulus efforts as the country begins to function better with a lesser need for them.
The information presented here gives a very optimistic look for the near future for the United States' economy. As unemployment is scaled back, the economy begins to gain steam, thus making the overall condition of the country improve economically and socially. Hopefully this success continues, and if it does, the United States could be approaching a time of general prosperity that was seen in times like the 1920's and 1990's.
No comments:
Post a Comment