According to thefiscaltimes.com the job market is improving. The number of Americans filing claims for unemployment benefits dropped for a second consecutive week. The economy added 162,000 jobs in March—the largest increase in 3 years. As of this week the unemployment rate has holding been steady at 9.7 percent for three consecutive months. That is up from the 10.1 percent jobless rate in October 2009. Any good news on the economy is worth sharing!
According to CNNMoney.com and NPR.org during the week ending April 24th there were 448,000 jobless claims which is down 11,000 from the previous week. The claims were the lowest since March 27th. There have been some other hopeful signs—many companies are reporting strong first-quarter profits as consumers, who account for 70 percent of the total economy, spend more.
Looking up (class half full) and hoping for the best is the smartest approach these days.