Thursday, March 28, 2013

Jobless claims go up again.

It seems like we just can't get our unemployment issue solved here in the United States. Last week the number of Americans filling out new claims for unemployment benefits rose more than it was expected to. Isn't expecting unemployment to go up a bad thing? Well even though unemployment went up again Washington has stated that it is not enough to make the labor market take a few steps back. A different report confirmed that the economy expanded at a slow rate in the fourth quarter of 2012. Also, a big gain in business investment and higher exports of services let the government to push up its previous estimate of growth. Hopefully Jobs will start to open up and our nations economy will begin to improve before China totally owns us.

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