Down to 8.3%. Not great, but by the measurement it's improvement. I don't know if there is a magic number, but if it keeps dropping, Obama will get a 2nd term regardless of who is against him.
To see the entire picture, you also need to look at the participation rate: Bureau of Labor Statistics Data It continues to fall, which is a boost to the unemployment figure. Kind of like inflation vs. the Dow
Agree, but it means nothing to the average person because they aren't going to dig that deep. That are going to see unemployment going down and say it's a good thing.
Good luck with that. This is the new normal. I don't want to get into a numbers crunching series of posts like I did on TOOS, but there really isn't enough oil to make a difference, given it is a global market and demand is ever-growing. Domestic oil isn't set according to the domestic market.
