Tuesday, November 28, 2006

Unemplyoment Falls

In October the unemployment rate fell from 4.6% to 4.4% since September. This is the lowest unemployment rate seen since May of 2001. Economists say that this low unemployment should hopefully stay constant. One reason for this is in October 92,000 jobs were added by employers and 148,000 in September. So far this year 1.5 million jobs have been added into the job market. This is excellent to hear especially with the holidays around the corner. Also with the war going on, a decrease in unemployment means there are more people working which will hopefully be helping the economy.

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