Jobs Report Shows Signs of Improvement

By Joe | August 7, 2009

Apparently, the unemployment report has gotten better and unemployment numbers are not as bad as they were a month ago.

What does that mean really?  A group of people who have decided they should be called analysts expected 325,000 jobs to be lost but only 250,000 where lost.  Well, I guess that’s an improvement in the unemployment rate . . .  except for those 250,000 people who lost there jobs that is.

This news is so great that the Stock Market actually reacted by rallying!  Whoop-dee-doo!

I have a manager here at my job who I’ve been working with for about 15 years.  She just got laid off.  I don’t think she’s going to be partying about the Job Report any time soon.

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