Friday, December 04, 2009
Finally Some Good News
The economy only shed 11,000 jobs in November. While losing any jobs in not good news at least the rate has slowed and is moving toward the positive. Most economists think that the economy should be adding about 150,000 jobs a month to match the growth in population so we have a way to go. The ecomomy has been shedding jobs for 23 consecutive months so it might be a bit early to break out the champagne but maybe a nice Cabernet would be OK.