My dear DU friends and family...those numbers are starting to go our way [View All]

[Peacetrain]

This is good right?


Putting all dissension aside.. we all want the same thing, this and the numbers yesterday of people applying for unemployment (starting to get to the break even point) is good news.

While the number of unemployed increased, actual job offerings also increased in the private sector.. because more people are coming back into the job market.

Unfortunately just the way the numbers come in and are reported, we may not get the credit deserved before the November election..But with the media starting to show the uptick in actual jobs. and people starting to feel better about the economy in general.. it may help. I HOPE so.






http://finance.yahoo.com/news/Unemployment-rate-rises-as-apf-780694354.html?x=0

WASHINGTON (AP) -- Private employers hired more workers over the past three month than first thought, lifting hopes for the weak economy. But the unemployment rate rose in August for the first time in four months as more people entered the market looking for work.

Companies added a net total of 67,000 new jobs last month and both July and June's private-sector job figures were upwardly revised, the Labor Department said Friday.

Stock futures surged after the report was released. Wall Street analysts expected a smaller gain, according to Thomson Reuters.