Friday, May 04, 2007

Unemploment Rate has Increased

A recent report has shown that the national unemployment rate has risen to nearly 4.5%. This comes as a slight shock since the report also states the job growth has grown by about 100,000 jobs. While the combination of these two items may not seem too great, the hourly wage rate has increased by .2%. What do you think could be the driving force behind the slowed economic growth during the past month?

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