This year has certainly been a better year for the economy than last year and economists are looking for more gains next year. If the downtrend in unemployment continues through 2012, it will certainly help the Democrats.
The long-suffering job market is ending the year better off than it began. The number of people applying for unemployment benefits each week has dropped by 10 percent since January. The unemployment rate, 8.6 percent in November, is at its lowest level in nearly three years.
Factory output is rising, business owners say theyre more optimistic about hiring and consumer confidence has jumped to its highest level since April. Even the beleaguered housing market is looking slightly better.
Modest economic growth, fewer layoffs points to steady hiring gains next year - The Washington Post
The long-suffering job market is ending the year better off than it began. The number of people applying for unemployment benefits each week has dropped by 10 percent since January. The unemployment rate, 8.6 percent in November, is at its lowest level in nearly three years.
Factory output is rising, business owners say theyre more optimistic about hiring and consumer confidence has jumped to its highest level since April. Even the beleaguered housing market is looking slightly better.
Modest economic growth, fewer layoffs points to steady hiring gains next year - The Washington Post