The unemployment rate dropped from 8.1 to 7.8? The lowest since Jan 2009. Slow but recovering. What do you think?Answer Question
Asked by Anonymous at 9:47 AM on Oct. 5, 2012 in Politics & Current Events
Answer by adnilm at 9:48 AM on Oct. 5, 2012
Answer by 3libras at 9:48 AM on Oct. 5, 2012
I usually don't pay much attention to U-3 numbers. Participation rate is also going down which sort of counteracts that buzz from the UE rate drop. Not to mention that the U-6 number is still over 14%. This was actually predictable, IMO.
This explains a fair amount of what accounts for those numbers.
Answer by QuinnMae at 9:52 AM on Oct. 5, 2012
In the article I linked it states:
Joblessness fell most among teenagers, declining to 23.7 percent last month from 24.6 percent.
I'm not sure how many jobs from the 114,000 that accounts for.
Answer by QuinnMae at 9:55 AM on Oct. 5, 2012
Answer by RyansMom001 at 10:30 AM on Oct. 5, 2012
Answer by anng.atlanta at 11:03 AM on Oct. 5, 2012
Answer by lga1965 at 11:36 AM on Oct. 5, 2012
Answer by Dardenella at 1:11 PM on Oct. 5, 2012
Answer by booklover545 at 2:30 PM on Oct. 5, 2012