Saturday, 11 February 2012

US job figures

Although there are more positive signs, we need to be wary of the high unemployment rate:

"... the unemployment rate remains stubbornly high at 8.3% three years after the last recession ended, though it has been falling. Economists say the U.S. would have to add 250,000 jobs a month for several years to pull unemployment back down to normal levels below 6%. "

The full article is here.

A long way to go and unexpected things (positive and negative) can turn up.

We can bet on volatility.

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