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Stocks Rally After Jobs Report Announces First Drop in Unemployment Rate This Year


Business  (tags: government, americans, unemployment, economy, politics, business )

Cal
- 131 days ago - abcnews.go.com
"Worst May Be Behind Us," Obama Says; 14.5 Million Still Jobless
Comments

Mandi T. (268)
Saturday August 8, 2009, 12:01 pm
Noted:(
 

Be Kay (20)
Sunday August 9, 2009, 2:36 pm
This is not a good thing. Stocks do better when workers do poorer. Stocks reflect how the wealthy are doing.
 

Maria Lynn Therese (1)
Sunday August 9, 2009, 9:01 pm
I really wonder about the "true" unemployment numbers. I am one of those unemployed but I am no longer counted. Why? MY 26 weeks expired in June. The Federal Emergency funds have different requirements than the state did when I got my first 26 weeks. I did not qualify for the Emergency extension! I am appealing this but meanwhile I no longer count in the tally. In truth, I now wonder how many of us are still unemployed, have fallen through the cracks so we 'don't count'. Don't believe there is less unemployed, just more of us have fallen off the rolls
 
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