U.S. Jobless Rate Climbs to 8.9 Percent

[TheRealMafoo]

akuma587 said:

TheRealMafoo said:

MontanaHatchet said:

Yay, it's not as bad as it was a couple of months ago!

 

It's worse then it was a couple months ago. The rate of change is less, but it's still worse.

I will use the analogy I used a while ago. It's like your house flooding, and two hours ago the water rose a foot an hour, but last hour it rose 6 inches.

That's not getting better, only worse slower.

The markets seemed pretty happy about it:

http://www.cnn.com/

+164.80

(+1.92%)

Dow 8,574.65

+22.76

(+1.33%)

Nasdaq 1,739.00

+21.84

(+2.41%)

S&P 929.23

 

 

Yea, there are three major factors as to the health of the country. Unemployment, GDP, and the stock market.

the market is rising, which is good news. It's still way down from where it was, but better is better. I will take what we can get :)