Currently the jobless claims have fallen down to 472000 which is less than the jobless claims in August which were more than 500000. I was looking over the unemployment rates for the current year and I found out that the unemployment rates have been falling since last four months. At the beginning of the year the unemployment rates were about 10.8% and now after four consecutive months of falling rate is 9.7%. So can we say the economy is still in recession and struggles to speed up even after so many efforts by Obama.
Currently the jobless claims have fallen down to 472000 which is less than the jobless claims in August which were more than 500000. I was looking over the unemployment rates for the current year and I found out that the unemployment rates have been falling since last four months. At the beginning of the year the unemployment rates were about 10.8% and now after four consecutive months of falling rate is 9.7%. So can we say the economy is still in recession and struggles to speed up even after so many efforts by Obama.
ReplyDeleteMuktak Tripathi MWF