Showing posts with label US. Show all posts
Showing posts with label US. Show all posts

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.