Friday, December 3, 2010

Unemployment Rate Increases

Well this is not good news. The unemployment rate has increased to 9.8% for November. The economy added 39,000 which is below the expected 150,000 jobs that were forecasted.  Part of the increase is from discouraged workers reentering the labor force. The labor force increased by 100,000 workers, but the number of unemployed increased by 250,000.

1 comment:

  1. I think we will see the rates only increase with how things have been working out, but still one can’t be certain over these things and it’s obviously good to wish for betterment. However, I always focus on my career and as a Forex trader, I find it so easy thanks to OctaFX broker using the wonderful spread starting from nothing 0.1 pips while there is also monstrous deposit bonus up to 50%, so all very useful and helps with trading.