Employment Numbers Might Not Look So Good

from the false-hope dept

Despite somewhat positive numbers about unemployment, people may be too optimistic about what they mean. The numbers suggest that unemployment may be bottoming out – but there’s little evidence to suggest that things can’t get worse. In fact, some are suggesting that things are likely to go downhill since the recessionary trends are hitting many sectors – and not just technology. If it were just the technology world getting hit, then unemployment could get propped up by other areas.

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